There may be a slight modem of uncertainty about the likely outcome of the mining review Kiwi.
Market has been fearful in the past.
The latest surge in share price is - my guess - a signal that the "market" (meaning insiders/institutions in this case) has a strong conviction now that the contract review will not be not harmful to Anvil.
If this supposition is correct why are they buying now?
They are buying now as the expectation is that broader market will respond very positively to the release of the contract review decisions.
No doubt some selling will take place at a higher price to take some profits on present buying.
So Kiwi you will be buying from the insiders/institutions at likely substantially higher prices.
Others interested in accumulating Anvil shares may be better served by accumulating NOW!
Ignoring recent surge - as present share price is still well below reasonable valuation of Anvil's worth.
Read what the market is telling us --- in the latest surge of buying and associated increase in share price.
Remember these comments are hypothetical and your guess is as good as ---.
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Last
2.9¢ |
Change
0.003(11.5%) |
Mkt cap ! $3.927M |
Open | High | Low | Value | Volume |
2.5¢ | 2.9¢ | 2.4¢ | $36.69K | 1.440M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25692 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 51842 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25692 | 0.027 |
2 | 349950 | 0.026 |
2 | 149920 | 0.025 |
2 | 241666 | 0.024 |
1 | 500000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 51842 | 1 |
0.030 | 102637 | 2 |
0.032 | 65069 | 1 |
0.034 | 240000 | 1 |
0.037 | 10500 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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