So that 1.7c ‘don’t cross the line’ or ‘at least come back before dark’ level has been breached.
We closed at 1.6c yesterday.
And today’s current VWAP is hovering just over the 1.65c level.
Which is what quite a few must be getting in at seeing as my order has moved up the 1.6c queue by only one step in four days despite the ~$150,000 spend so far today.
Doesn’t take much to knock a thinly traded company down does it
.
- At this rate it may well be Easter before my order is reached.
And what price will we be when the company enters Q2 when the market will be expecting news on preferred project pathways?
[ref]
I just counted 29 trading days to Good Friday.…..
… And I’d like to think that before we’ll be hearing the pilot battery at Kununurra is up and running.
Is any other near term news pending ?
Maybe it’s an ideal time for a large investor with confidence to start loading up?
Anyway I’d like to think this broach of the 1.7c ‘ramparts’ will be history by the end of next week and that people around here have a good weekend.
cheers
PS For the record here’s a Stockness Monster snapshot of trade weights through the day leading into the close:
https://stocknessmonster.com/trades/avl.asx/
ASX:
View attachment 5969221
CHI X:
View attachment 5969224
(20min delay)