AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-1993

  1. 1,431 Posts.
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    Honestly just sell out if you are a short term holder or don't believe in the resource.
    Otherwise if you have a long term view and believe in the fundamentals, you're better off topping up at this levels IMO.

    What is the difference between someone getting in under 18c compared to you if both have the same timeline of say 10-15 years to sell out? You can still trade the fluctuations while maintaining a long term parcel or slowly accumulating to that parcel.

    Barely any difference really.
    It's just paper profit/paper lost at this stage.

    I'm holding onto AVZ hoping it can replicate FMG's success.
    Have been topping up (averaging up) at this levels.

    My first buy in was 11c but my average is now around 23c. (For my long term holding)
    Obviously bought/sold a lot in between to get some profits to increase my holding. (trade parcels)

    You need to adopt a longer term view. Just picture AVZ 10-15 years down the 'road'. Just need to look out the window to see all the EV on the 'road'.
 
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