AVZ 0.00% 78.0¢ avz minerals limited

Ann: Pause in trading, page-49

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  1. 24,192 Posts.
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    Yes could be "sold down" like almost every other major AVZ ann but there is potentially a key diff, being that the stock has not had any any expectation rally this time round prior to scoping/transport being announced we have been trading sideways for essentially a few months now since the expectation rally on Jorc and corresponding selloff driven by Klaus (who according to the Annual report has zero shares now) triggered the dive...

    Another factor is the rising tide .... Lithium ETF has broken downtrend and I suspect is early in an new bull uptrend. Prior to the downtrend break most other Hard rock players were in steep decline whilst AVZ tracked sideways (We had already had our harsh correction before them).
 
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