One of the positive aspects of TSX listing is that such sell offs - as CSB - will meet with a greater pool of interested/committed investors. Will have much less impact.
The Australian depth of investor is not of sufficient substance to give the market in Anvil shares the stability or a proper valuation.
Am still interested in the May 15th when allocation price for TSX will be decided.
Whether the share price will be constantly capped until then!
Suspect that will happen so take off of Anvil will be delayed.
My prognosis of a AVL take off late April has proved to be optimistic.
However timing is the core.
Imagine take off time has been delayed - slightly. Not negated.
Can live with that.
The reason for present weakness is obvious. Buy or hold with confidence.
