the way my amateur eyes see it, its traders to blame for SP drop.
volumes have been low since march/april when volumes were over 100m per day. the OBV shows positive of over 900M shares. to me it looks like people still believe the story and are still holding long term. top 20 own majority of shares anyway. for me, and looks like many others agree, its worth punt/investment if solomons is all clear. plus avq have vietnam & QLD. with 60 billion values being thrown around for SI resource, even 1/30 th of that value is good enough for me! there are other huge resource companies in the pacific area which says something and dont forget, sumitomo wouldnt go through all this trouble for nothing.....
lets see if we have a very merry xmas this year or the standard xmas this year lol
GL all
AVQ Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
