AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-18566

  1. 3,915 Posts.
    lightbulb Created with Sketch. 12488
    got a bit of a giggle reading all the pump and dumping comments.

    stock rose over 50% in a couple of days trading. had a mid session retrace of around 10% before closing only marginal down. that's a fantastic result.

    I categorically expect/ed this to fall further maybe even to 5.2/5.5 as a healthy retrace before the trend continuing.

    surprisingly the selling supply is really low. there's been a couple hundred million shares change into new hands. and surprisingly on a quietish day, very little of them wanting to part with them.

    Re: the 20m option sale. if they are ML's, the bloke is not an idiot. if you truly wanted to offload these you'd do an offmarket transaction or convert (in the money now) and trade them as avz (much more liquid). 9c then becomes a pretty suggestive price. comments inferring this is similar to klaus is out of line.

    ML is not a director and he paid for his shares. and hasn't sold a dime of heads. option sales don't drive heads price. putting them at 6c suggests movements to 9c. if the contract isn't renewed I'm sure we'll get a lot of questions answered. for now I'm excited. avz of 2017 is back. where you didn't know whether you were going to log in and be 20% up or 20% down. HTO talk. $1 share price, conspiracy theories. the avz of old is back!

    always a ludicrous yet entertaining thread to view and watching the animals at the circus.

    SF2TH
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.