What a day! Best described overly reacted sellers for no reason other than a director decided to sell some of his shares before the end of financial year ( nothing for for tax purposes).
I looked back and I noted Directors done the same previously and maybe panic selling but then the Share Price bounced up higher than where it started.
BUT THIS TIME, I noted Big MONEY/highest daily Volume ever ----- What does that mean? Many retailers are pushed out, and Big players with big money got their hands on MASSIVE VOLUME OF SHARES.
What do i expect? Bounce up like it did previously BUT possibly much higher ( because the massive volume exchanged hands today).
Nothing has changed about this company and with the world class massive lithium deposit they are sitting on.. Big opportunity to buy at this juicy price.
Anyway this is my opinion, it is not an advise to anyone.. History is repeating itself. do we ever learn?
AVZ Price at posting:
9.5¢ Sentiment: Buy Disclosure: Held
