I’m not all that concerned with the short term volatility. I could have bounced out and then back in from yesterday, but I considered even that to be a bit risky. With this stock, in this sector, with the neighbours 4CE has, and the general pace of news flow - I’d be worried I’d miss a major development that could happen unexpectedly. All it will take is a sniff from AVZ about a JV, TO or new OT deal, or an early ‘jump the gun’ offer for part of 4CE/MMR (which would be quite smart as it’s in a cheap, undeveloped state and has quite the upside potential) and the SP will rise much quicker than before.
+/-20% is nothing in the scheme of things.
I don’t think we’ll close today in the green - but my guess is slightly in the red or flat.
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Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $33.51K | 3.737M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 2830688 | 0.8¢ |
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Price($) | Vol. | No. |
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0.9¢ | 502199 | 3 |
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15 | 4249349 | 0.007 |
9 | 13824995 | 0.006 |
18 | 9584633 | 0.005 |
10 | 7616475 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 502199 | 3 |
0.010 | 782131 | 2 |
0.011 | 2114242 | 5 |
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