Canada trading in Anvil on Friday - Anvil moved up 20 cents hitting a high of $5.45 and closing at $5.34 (AU$5.32) on average turnover.
Markets realising strength and potential of Anvil and continues to re-rate positively.
Not into TA but now that Anvil has moved strongly through the $5.00 barrier there seems little resistance until the $9 to $10 areas.
The prediction of a share price "close to $5.00 at the end of 2010 - early 2011" is well and truly taken out now.
The prediction of closer to $7 in 2011 could - perhaps should - be easily swept away and a share price closer to $9 is not out of the question.
Whatever!
Monday may see a significant move beyond the $5.00 share price on the ASX.
Canada trading in Anvil on Friday - Anvil moved up 20 cents...
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