Yesterday was the highest ever daily volume for AV1, with 9.98 million shares being traded. A hefty 8 million shares were traded at 14c and I would expect a director or an individual associated with the organisation to have bought those.
We'll no doubt get some further attention over the coming week. If it is indeed a director buying the market will react favourably. AV1's technology is highly innovative and has been recognised by multiple external parties.
if someone is willing to purchase 8 million shares at 14c, they'd have a compelling reason to do so. Securing that amount of quantity is also incredibly difficult and in some instances the purchaser needs to pay a premium.
I've been accumulating at 9.7c and decided today it was appropriate to top up with a little more at 14.5c. We should be in for an exciting week
AV1 Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
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