AVL 0.00% 1.5¢ australian vanadium limited

Ann: TMT: Scheme of Arrangement has been Implemented, page-23

  1. 856 Posts.
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    "Reading between the lines, there seems to be quite a bit of anger that the share price has not softened post merger"


    What on earth are you on about?

    Anyone with a hint of understanding the economics of holding TMT over the last 6 months knows that the stock has been at a loss to most peoples average.

    This average is about 26c - 32c for most.

    Some are higher - no-one would be significantly lower as TMT never dropped under 26c for extended periods.

    The opening at 2.0c equals 28c - and would be everyone who wanted to sell's first opportunity to do so whilst not incurring a moderate loss.

    So people are selling at a small loss or breakeven.

    I find it amusing that every time a stock drops - it's because of those pesky down-rampers!

    Theres no shortage of sellers, if you have a look - in fact 2 for every buyer.

    The SP isn't heading north until AVL+ release some announcements.

    Most people still are unaware of Vanadium, and the ones that do, aren't in any rush to purchase shares it would seem.


 
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2 1580038 1.5¢
 

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Price($) Vol. No.
1.6¢ 9867500 26
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