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78.0¢ avz minerals limited

Ann: AVZ Launches Fully Underwritten Share Purchase Plan, page-138

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5,335 Posts.

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24/01/19

12:35

Post #: 37211176
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Originally posted by eshmun: ↑

Pumps become harder to generate as the chart continues to slide and even if they manage to exercise the shares are only valuable to them if the expectation is that SP will stay above the exercise price long enough for them to sell. I don't see them as long term holders. You've only got to look at other examples in the African iron ore space in the early part of this decade as goldbear suggests. SDL also had/has a so called world class deposit that was touted by HC members as being critical to China and their economic development.....lol. Eventually the company couldn't find anymore doors to knock on and they were reduced to doing CN deals with dodgy Ukrainian bankers (warlords). I once had a post deleted that compared AVZ to SDL. For me there are many similarities in the two stories. Maybe people should have let some of my original posts stand as in hindsight they could have help investors with perspective here. Esh

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That's the problem with hindsight, sometimes all you can see is your own arrse.

Last edited by Remark: 24/01/19

AVZ Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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