The share price has come back a little with a surge in turnover. As predicted.
Based on past --- a drop to low 60's with a turn over between 500,000 and 800,000 would have been a reasonable possibility.
The suggestion now is that underlying buying strength, market recognition, firm valuation, etc have changed the nature of trading in this company. Accumulation is the thing - not "trading".
Am looking to mid April as being the next wave to bring share price closer to 90 cents.
Early next year for closer to $1.20. My guess anyhow!
So perhaps time for a catnap.
A temporary lapse to mid 60 cents -- trading around 72-74 cents in the meantime -- are within the range of reasonable expectation.
That's how I see it anyhow!
Cheers,
NT
AVM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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