AVM 4.17% 2.3¢ advance metals limited

avm has gone quiet, page-2

  1. NT
    1,708 Posts.
    See my last post mp.

    Institutions may well have increased holding in anticipation and before quarterly report is released.
    Today or Monday.

    Now that they have adjusted valuation and increased holdings they may well be holding off until report is released.

    Perhaps lessens possible accusations of "insider" type trading, etc.

    When the report is released market will project likely future (last quarter performance is likely to be negative in itself) and reajustments of valuation will occur.

    Institutions appear to look kindly at anticipated report implications and have moved in early.

    Mums and dads take time to appreciate report and subsequent implications.
    Meaning a fall in share price sometimes followed by stronger rise.

    Perhaps institutions may also be just holding off now that share price has moved to record levels -- until report is released so as to be better informed to assist with buy or sell strategies.

    Cheers,

    NT
 
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Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $3.875M
Open High Low Value Volume
2.3¢ 2.3¢ 2.3¢ $7.278K 316.4K

Buyers (Bids)

No. Vol. Price($)
1 205000 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 75000 1
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Last trade - 14.20pm 18/09/2024 (20 minute delay) ?
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