Barely sentient?
Spreading doom and gloom is sometimes used as a strategy to discourage and dislodge other holders and so scoop up their shares.
Lowest price here since January 2021 was .017c a share in mid December when there was some fairly solid volume at the time the issue of around three billion new shares was pending (they trade for the first time tomorrow!) under the merger scheme.
The last time AVL saw 1.7c was back in January 2021 when there was less than three billion shares *
* see spoiler
Despite adding an odd two billion shares to the register since 2021, the price here at this (stalwart) junior achieved a respectable ‘zoomie’ peak of 11.5c on 05/04/22.
What will it be on the two year anniversary of that day?
And - more immediately short term - what will happen to the share price tomorrow and onwards?
Will it fall to 1.7c again?
If so for how long?
Some of those (not so salient, desperate, or is it a plot?) are saying the sky will fall and the price will test pre 2021 levels although I think plenty of folk (sentient to bigger pictures or not?) including me will be angling to buy at bargain prices if they get the opportunity in trust that management is on track and has a few good announcements up its’ sleeve.
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