Well not quite but strong surge during the last two trading days.
Have continually suggested about mid month after each quarter the insiders/institutions get an indication of previous quarter report/results and share price moves according to the positive or negativity of that information. On that basis the quarterly reports to follow will probably be very positive.
Actually the last 12 months has seen Anvil share price move in an impressive manner - surging and strong with negligible radical movements.
Continued srength of buying and increasing share price suggest positive corporate developments ahead.
While the commissioning of SXEW plant early in 2011 and associated explosion in profits is likely to result in strong share price surge one might well come to the conclusion that accompanying this radical surge in profits will be corporate developments also of great significant.
"Opportunities" are many and worthwhile. Anvil management has the capacity to capitalise on them.
Always one for the patient. Looking at the past 12 months might also be one for the impatient.
"Get on board little children Get on board There's room for many more"
So says the song.
AVM Price at posting:
$4.56 Sentiment: ST Buy Disclosure: Held
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