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8,278 Posts.
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23/06/22
14:17
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The global deleveraging looks like it has quite some way to run.
I expect Pilbara ($2.04 to begin to make a significant move below $2 soon.
This is a good barometer for all inferior, riskier and less advanced projects such as AVZ.
I estimate that this puts AVZ at around 30-40c currently but should see 10-20c should AVZ list again.
From there we would have to see the extent of the recession.
All IMO. Don't shoot the messenger bearing gifts.