Breakout, page-3

Jeppy
This is institutions buying IMO and they will keep buying . It's not a well known stock so you don't have day traders or TA traders jumping in and out lick crazy. Top to shareholders are deep value managers and that's exactly what this stock is.
Avg is a stock that has had a great asset value , but due to its onerous contracts and high AUD has struggled to make a big return from the assets. They are now in a position after many many years to make a strong profit and cash flow from these assets, reduce inventory and accelerate debt. That's why it will become a very different company. Those that are away of the change can jump on board now , many will be buying at higher prices when cash flow and profit are hitting the books

It's 11 am and we have had 667k shares traded . We are seeing a reset of holders and as mentioned the slow and steady rerate ( not really that slow ) is a good thing IMO