so your here for fun then? No positions open and no sentiment - you have a strange way of using your time
the ownership dispute has us all locked in, your point is when we come out, shorters will stay with their short whilst the ownership dispute is closed. You challenged me to explain that and I have, albiet my post got reported - by who i wonder..
The simple point of the matter is, AVZ is 2.7b righy now and will produce 10% of the global lithium market if all things go to plan. It is competing in the realms of SQM and ALb who are over 30b Aud.
The short positions are to capitalise on uncertainty not a misaligned valuation. That uncertainty is gone when we resume trading - why would these instotitutionals not close their shorts? they will almost certainly rush to lock in their gains leaving the other plays holding short position without buyers.
As i said before, it will be a rush to exit and the question to all shorters here is - will you be the first or the last to exit your short posiition? Takes a brave soul to risk unlimited liability when there is so much news/event risk at play...
- Forums
- ASX - By Stock
- AVZ
- Ann: Extension to Voluntary Suspension
Ann: Extension to Voluntary Suspension, page-448
-
- There are more pages in this discussion • 193 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online