AVL 6.67% 1.6¢ australian vanadium limited

AVL Vandium Waking up after Bottoming., page-25

  1. 1,843 Posts.
    lightbulb Created with Sketch. 490
    While it's nice to see the stock moving up and some faces I haven't seen on the board before, I do hope this rally has got a bit of substance to it. Is a company that has one of the best vanadium deposits in the world (backed by a JORC) worth under $10 million Australian dollars?? I think anyone without an agenda would give you the same answer. Taking into account where we find ourselves in 2016, is renewable energy a comfortable sector to be investing money into?? To each their own I guess.

    I only hope this isn't a bit of pump and dump going on. I certainly don't think it would involve anyone posting on here, just day traders happy to make a few bucks and move on. I bought in around these levels understanding that to buy in a bit "early" I would have to add a little volatility to my life in exchange for the "cheap" price. Of course I should have added more last week but so be it. Hopefully the new holders will make plenty of money over the next 12 months.

    Put it this way, if/when we get to 1.5 cents I won't have been conditioned into thinking how lucky I am because it has doubled from it's low's. It will take muck more than a few million shares thrown out at the bid to convince me this company isn't worth much much more than these levels. In fact, other that the great JORC, IMHO the real news has YET to come!
 
watchlist Created with Sketch. Add AVL (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.001(6.67%)
Mkt cap ! $137.7M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $19.10K 1.215M

Buyers (Bids)

No. Vol. Price($)
25 11061591 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 6848290 21
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
AVL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.