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2,823 Posts.

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23/08/19

13:03

Post #: 40118788
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Originally posted by binwood ↑

Yeah I got PLS wrong, I have accepted that. But I also exited months ago so not really my concern anymore and has no baring on my comments re AVZ.

With regards to Fe content - that is only a small part of why PLS are where they are. Yeah some shame on me for believing commentary from management but many AVZ holders could fall fallacy of that same shame with what has been dished to holders here (including those that were slinging the mud at PLS and have now exited AVZ near the lows). None of us are infallible and all can be blinded by our biases.

I am willing to accept I held PLS far longer than made sense from an investment perspective. How many holders here are willing to do the same. Even if AVZ turns around there is no good reason that can be given to have been holding for the last 18 months just the same as PLS.

What is the point of all this? Doesn't matter which horse you pick if they are all racing down the same hill. Better not to punt on the race at all.

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That’s a gracious acceptance of misperception on your part.

I won’t go into why some continue/d to hold, except to say many here would be waiting for a re-rate as discussions are advancing on project funding as indicated by ASX announcements.

All the best

AVZ Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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