AVM advance metals limited

Thanks Dartboard for your expertise reflected in comments on...

  1. NT
    1,708 Posts.
    Thanks Dartboard for your expertise reflected in comments on ramp up of stage 2.

    Am not sure that announcement of Stage2 infrastructure - Stage 2 ramping up will turn market.
    As pointed out before who would consider that as "news"?
    Tis already known.
    Sometimes can have the opposite effect to expected - ie actually send share price lower.
    "I wish" say would be buyers - accumulators?

    Miningnut's comments that CBA is still unloading - with 4 million shares to go.
    If - as for my idle-carless-unknowing speculation - CBA is unloading because AVM now an overseas company; is being unloaded completely as part of the rigid paramaters which dictate sharholdings in Unit Trusts; then expect weakness in SP to continue until CBA sells out. Taking no prisoners!

    Seems to me the possible Gecamine AVM/Congo Government agreement is the announcement most likely to shake share price higher.

    The 4 million CBA shares taken out!
    Share price to rocket thereafter.

    Other than that - when institutions ascertain increased profits due to Stage 2 completion the share price surely can't be held back! ???

    One thing for sure (I believe)--
    AVL share price at very much higher levels - healthy and strengthening - by or at January 05 is still my confident assertion.

    Until then?

    Close the windows - keep the snow out - go to sleep.

    Cheers

    NT
 
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Last
4.3¢
Change
0.000(0.00%)
Mkt cap ! $12.02M
Open High Low Value Volume
4.3¢ 4.3¢ 4.2¢ $19.75K 469.7K

Buyers (Bids)

No. Vol. Price($)
2 505000 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 113156 3
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Last trade - 11.14am 01/08/2025 (20 minute delay) ?
AVM (ASX) Chart
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