AVB 0.00% 16.5¢ avanco resources limited

2014, page-56

  1. 411 Posts.
    Yes could be interesting to watch however i think we may see a drift until mid January when the larger traders return to full strength.
    They may choose to lower the share-price after the recent run from 6.2 to 7.8c . We saw a weak close on Friday back to 7.4c so couldn't hold recent gain.
    The trading pattern for this one is quite easy to read-opportunity seems to be based on volume increase on both sides of the fence.
    We could see cheaper prices again next week towards 7c or it could see it move up again. a few hours into mondays trading may signal direction the price action will take.

    We saw a strong open at 7c following announcement and then it sold off to close the gap left at 6.2 by touching 6.3

    Plenty of games/opportunities to go before we even get to production in 2015 so a lot can happen and im sure we will see plenty of complaints during this period by shareholders even at higher prices

    BT
 
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