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78.0¢ avz minerals limited

Its a decent sized discount with free oppies attached (with a...

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HAC30

5,633 Posts.

479

26/02/18

14:42

Post #: 31349698
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Originally posted by Hila ↑

It is not significant discount... firstly we all were expected CR to inso by a permimum. We need to ask what was the price of the share when fhey signed the deal. Secondly, most of CR deal in any form is roughly with 10 to 15% discount.....

Considering the reseaon of the CR, which is for stage 2 drilling, this sell down is a manipulation and uneducated emotional sell.... we know the next 7drilling results can bring share price 30c+ as it did in he last results.....

Mid-term that was required any how considering the mining scenario, however so many of short term holders are hers for a quick TO scenario. TO in a good offer is my favorite as well, but I think he true value of AVZ will shine in next 6 months when it is JORCed and has defined its mining partner defined.....

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Its a decent sized discount with free oppies attached (with a strike price of what it was trading at when it went into TH).

I also think AVZ will do well and SP will be higher once they have a JORC etc but they had cash in the bank already and could have waited until they had a better deal.

Its a crap raise. Only uneducated, blind sheep will say otherwise.

AVZ Price at posting: 26.5¢ Sentiment: Hold Disclosure: Not Held
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