Presumably a significant % of the volume is churn. That is, traders buy and selling. The rest will simply be those that have been there, done that, and taking their 5 bagger profits for fear of a sp correction. However, although these 5 bagger people have booked excellent profits, imo the big winners with AVZ will be those that hold for longer. This time it really is different ... Lithium Wave 2.
Somebody that has access to the volumes by broker can provide an indication of where the buyers are coming from and where the sellers are conming from, but I do not have access to this data.
AVZ Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held