r we in the doldrums or a mexican standoff!, page-5

re: in the doldrums? Thanks Flats - good to have your comments again.

Agree with your propositions which are in general accord.

Bill really pulled a rabbit out of the hat with the excise price.

In the past we have been dismayed at the low premium for issues that have occurred.

Could hardly believe the excise price this time - when it really mattered.

So taking your points on board is it likely that the share price will fall back before the 21st?

The huge surge in turnover around announcement date has turned to the usual dribble of selling.

Share price has held above 80 cents.

In contrast to past when institutions easily sold the share price down and quietly snapped up shares at a price they were happy with.

What is the turnover like in Canada?

A lowish turnover may well mean the "insatiable thirst" for Anvil shares has been quenched by the size and price of the issue.

Meaning stimulus and change will be required to move share price to a higher level.

Am inclined still to believe share price will drift before or about the 21st.

The impact of the quarterly will be very interesting.
Will, one wonders, the increased profits have the stimulating effect on share price as in the past.

Then of course we have the mid year doldrums which always seems worse than statistical history suggests.

There seems little doubt that anyone's guess now is as good as.

We are to some extent in uncharted waters.