While its not helpful, we may see negative market reaction on Monday and Tuesday. But by the end of next week, the share price may see it recovered back to 12.5 C. I think it is good opportunity for those in buy queue at .09 to .10 C
When MMC Stratetic took AVZ to the court some six months back in March. It dropped down to .02 very quickly for few days and went back up to same level of .025 to .030 in no time. There were just two many new buyers willing to ignore the court case as just unhelpful and nuisance. It gave perfect opportunity for buyers looking to buy in dip.
It would obviously be concerning for those who have bought here recently and the current price may be lower than their buy. But the volume has been good here. There are plenty of willing buyers ready to hit buy button here in my opinion.
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