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Hey macmac - its an interesting theory. A few questions would be...

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jasmac

1,961 Posts.

38

21/09/16

20:52

Post #: 19327466
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Originally posted by macmac ↑

Good Evening Piast,

Thank you for that link. Not sure $5 mill will get them far if it is meant to be for a drilling program to get a jorc for SJ.

Then there is the usual operating expenses to be paid. $5 mill isnt really a whole lot of cash.

Also is it possible these so called institutional investors that were in the last CR are pushing price up to get out at break even and keeping their options at 40c with 2 year expiry for a no risk trade.

Whats your thoughts?

Not trying to talk crap as you put it, just a realistic view and exploring the possibilities. As we all know with AVQ, nothing is ever what it seems and that goes for the rest of the share market.

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Hey macmac - its an interesting theory. A few questions would be why today... and IF they get it back to their 28 cent cap raise how are they going to build buy depth for others to buy out their mass of shares.. imho we are not trading enough on a daily basis volume wise to absorb the shares bought in the last CR...

Its a possibility I guess but im doubtful.

AVQ Price at posting: 26.5¢ Sentiment: Hold Disclosure: Held
5 Upvote

0 Great analysis

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