Can't imagine how it was that you predicted so accuratelly and moved in so astutely.
The hopeful sign today is the manner in which Anvil recovered from a minor decline to 42.5 cents - ending up at 44 cents with seller asking 45 cents. A sign of strength? With more to come next week?
Assuming commissioning of Stage 2 plant procedes without such problems as would slow the commissioning down, Anvil share price should move on from here.
A possible doubling of profits during last quarter of 04 due to efficiencies brought on with Stage 2 infrastructure could sure double share price. From say - about 30 cents.
Doubling on the way already?
Assume 30 cents was fundamental value on Stage 1 profits a share price in the high 50's after commissioning is completed should not surprise.
Wilsons Report indicated a target of 60 cents within the year.
While Anvil share price early 05 should be at new levels(hopefully anyhow) a share price in the 50's soon would look great too.
Cheers
NT
AVM Price at posting:
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