AVB 0.00% 16.5¢ avanco resources limited

23c to 12c, page-4

  1. 14,981 Posts.
    lightbulb Created with Sketch. 51
    Reason for the dump is 17m oppies converted as announced
    Who knows where they bought their oppies at, but a tidy profit no doubt, so they sell into heads no matter what.

    I expect it's basically at or near the bottom now but looking for confirmation of course.

    Now the gap between heads and oppies is almost closed, there should soon be less incentive to sell at these levels.

    Going from 23c to 12c over a week or two makes these prices a nice entry for a bounce
 
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