You cant go guessing peoples averages saying its between...

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Jayden2000

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02/02/24

10:37

Post #: 72200223
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Originally posted by Hawk70: ↑

"Reading between the lines, there seems to be quite a bit of anger that the share price has not softened post merger"

What on earth are you on about?

Anyone with a hint of understanding the economics of holding TMT over the last 6 months knows that the stock has been at a loss to most peoples average.

This average is about 26c - 32c for most.

Some are higher - no-one would be significantly lower as TMT never dropped under 26c for extended periods.

The opening at 2.0c equals 28c - and would be everyone who wanted to sell's first opportunity to do so whilst not incurring a moderate loss.

So people are selling at a small loss or breakeven.

I find it amusing that every time a stock drops - it's because of those pesky down-rampers!

Theres no shortage of sellers, if you have a look - in fact 2 for every buyer.

The SP isn't heading north until AVL+ release some announcements.

Most people still are unaware of Vanadium, and the ones that do, aren't in any rush to purchase shares it would seem.

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You cant go guessing peoples averages saying its between 26c-32c. It reached 58c at one stage and was in the mid 40's for periods. Alot of TMT holders bought high and are selling low, and you can't make the assumption that AVL's SP isnt heading north until they realease an announcement. When AVL had its massive run to 10c alot of this was based off a sudden vanadium hype and the role it would play in the renewable energy transition. Who knows if vandaium sentiment picks up again and VFB's get more awareness it could have another run. In China there has already been a huge adoption of VFB's.

AVL Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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