I think the stock has done well given the wider markets volatility and movements latley.
Its held its ground pretty well with only the impatient and few profit takers bailing out. The key with this now is the time between news. With the well known logistical problems with lab turnarounds potentially slowing momentum its going to be a case of risking being out while the next set of results are relased. Of course this is of no concern to the long term holders among us but sooner or later the impatient will start to look elsewhere if the results are too slow.
Im staying put even though my gut tells me that it may drop back to 10c - 10.5c if news is too far away. I have no doubt that this would have pushed through 12.5c but the supply was both well orchestrated and relentless.
So we wait now for news which, if we assume is good then 12.5c should be a wall made of straw as a apposed to the brick one that stands in front of us now.
Interesting to see what unfolds.
AVB Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
