AVZ 0.00% 78.0¢ avz minerals limited

Ann: Trading Halt, page-18

  1. 2,257 Posts.
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    The CR is very unlikely to be around 6.5. Most likely around high 7's. Also, we all expected it. Nothing in what you say that is of any surprise. But just to enlighten you about what may happen. When PLS was drilling last yr & undertook a CR at 38c in May, the sp skyrocketed to 87c in the ensuing 4 weeks. Don't assume for a minute a CR in this case will mean a lower sp. There will substance attached to the announcement - fast track drilling due to greater resource than expected, etc.
 
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