AVZ 0.00% 78.0¢ avz minerals limited

AVZ chart, page-167

  1. 10,260 Posts.
    lightbulb Created with Sketch. 996
    At the end of the day the trend in the short term is down. Considering 2 c as the raise level it is very profitable selling at these levels. Further selling is reasonable as the mc needs to cater for the massive dilution. However any drill results that could increase the value or the perception of the deposit will cause this to move rapidly. Normally there is a pump leading up to the tranchethen a sell off. These are periods during which results are expected and considering the visuals and depth along with other credits the assays should be solid enough to create another pump scenario. If it doesn't it give excellent buffer for the brokers to still sell at profit.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.