I’ll put my hands up that I sold 50,000 today, not in the auction but I set the price at 32.5 and eventually they all got taken during the day. I purely did this so I could buy 100,000 avz shares. I’ve been in both since August and still strongly believe in both companies, since August the price of the 2 companies seems to hit the same level and then agy surges ahead for a while before avz catches it again. Being double at the moment is too good an opportunity to miss for me, especially as it has been painful to watch the avz sp over the last few days. I think it will bounce up and I’ll make a tidy profit, which I will then use to increase my agy holdings (similar to how billyen increased his holdings a few weeks ago).
Perhaps some others have also done the same...
AGY Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
(20min delay)