Some of the the commentary from obvious commsec longs is somewhat amateurish and unjustifiably exuberant
the market is terribly uninformed here. unqualified mom and dads betting money based on a highly selective photo of core samples published on a known spruiker’s social media account.
even a trained geo would be reluctant to draw any firm conclusions from this. yet sentiment is frothing on incomplete and unauthorized grains of information
More fundamentally, the credibility and trustworthiness of the company and advisers is now called into question.
publication of those photos on twitter makes me wonder how carefully avz quarantines materially sensitive information prior to release. it’s amateurish and questionable response to the asic query brings into doubt the culture and values of the company
AVZ Price at posting:
25.5¢ Sentiment: Sell Disclosure: Not Held