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AVZ

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78.0¢ avz minerals limited

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cruiser51

6,922 Posts.

1941

18/10/20

20:53

Post #: 48184454
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Originally posted by Scarpa ↑

Obviously I am long term investor, but have stated in the past i did sell shares back in 2017 and helped me financially etc etc. I am FA based

But, I guess this 1c spread i find quite confusing when it comes to traders. I would be more interested in @treewallaby TA logic and try to get into the mindset of a trader. How much did they invest and what profit was made because a 1 cent spread when CGT applies also wipes out possibly 40% of those gains depending on your tax scale, and the point is whether a CGT discount is worth more for FA holders holding long term.

Anyway I digress and see different investment startegies in the market:
1. Hold long but free carry when you can but attain some good profit if possible (me), (i.e. 2017 for example).
2. Hold long a parcel, but also have a trading parcel
3. Trade the trade which is our TA investors.

The point is, and to repeat, what annoys me about people primarily in the ctaegory 3 is the 'go to the moon scenarios' when they hold and then at the blink of an eye 'this is a dog stock' when they sell.

Anyway, I digress, on a FA basis if I were to explain, maybe the key point is around Offtakes but possibly funding is 'now assumed' to be coming without too much dillution. Refer to these two posts to understand what I mean and for the record @bigsal36 this paragraph is not directed at you. I only thought about things with VB in hand at this point:
Post #: 47839872 after RoyalViking's comment too me and Post #: 47838373 before RoyalViking's comment too me.

@qball how the VB jingle needs rewriting, and yes I posted this a while ago:

"How does it happen AVZ
When you're building a mine
Signing Offtakes this time
Or using newly built transport routes
Moving spodumene on trains toot toot
You sure got a thirst
A hard earnt thirst needs a big cold beer
And the best cold beer is Vic
Victoria Bitter"

All IMO

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All you have to do is look at JasminTreaWallaby's Posts and you know.
Don't forget he was going to buy AVZ back in Feb/Mar/Apr for 1 cent, another wishful prediction.

He stopped posting 9/10/20 on MLL thread after making some strange forecasts, disappears and the day after he pops up here. Same old, same old, nothing changed other than the name. Some people make you wonder.

Anyhow, looks like we are stuck with the TeaTree for a while.

Time for a nice shiraz.

AVZ Price at posting: 9.2¢ Sentiment: Hold Disclosure: Held
28 Upvote

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All you have to do is look at JasminTreaWallaby's Posts and you...

Top Stories

NRW Holdings voted Wealth Within's hot stock tip

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

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