AVZ 0.00% 78.0¢ avz minerals limited

Quite simply, we have had some aggressive shorting over the last...

  1. 715 Posts.
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    Quite simply, we have had some aggressive shorting over the last few weeks. Today was probably the worst. Need to wait to see the actual figures for confirmation, but I expect it to be very grim. A lot of stop losses were hit on the way down. Many people likely caught off by the abrupt change once the shorting began a little after open.

    We also likely have some genuine selling mixed in with the confusion of the 15% ownership (that AVZ never had - but legally had first rights to secure apparently) seemingly being awarded elsewhere to yet another Chinese company. So there maybe a legal battle coming and people don't want anything to do with that.

    The usual stuff with AVZ. In a month we will be likely cruising past our ATH once again.

    Seen it many times before.

    Will likely see it many times in the future.

    All IMO
 
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