AVM 0.00% 2.2¢ advance metals limited

Canadians have obviously moved into the Australian market.Picked...

  1. 572 Posts.
    Canadians have obviously moved into the Australian market.
    Picked that up when posted "Change in trading."

    The gap between issue price and trading price is insufficient for big players to be talking up the market for quick profiteering.
    Credit to Bill T.

    Possible that underwriters could be talking - pushing up market to ensure all underwritten shares are snapped up.
    But then I believe they were snapped up spontaneously.
    It is likely underwriters called on Bill T and he increased the issue to satiate demand and increase his cash reserves even further.

    Could be because Anvil is becoming recognised as a worthwhile investment with likely strong growth.

    The last sits comfortably with me.

    But then I am biased.

    Remember your guess is as good as.


 
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