Remembering the Top 20 shareholders only controlled 37% and consequently vulnerable to intra-day fluctuations from day traders...interesting point is that this dynamic will now change...whereas before this had AVB's SP exposed to nasty little swings based on no fundamentally relevant news... NOW the Top 20 shareholders will be controlled by serious long term players approaching 50% and accumulating...
This a whole new ball game...BR, Glencore/Exstrata and related instos will TIGHTLY hold script...meaning short term traders will perhaps go elsewhere for easier targets...while AVB's SP will IMO start it's long trajectory north...first stop in-ground insitu value, then on to its NPV values pre-production 12-15 months out...
Good luck to all long termers...
AVB Price at posting:
7.9¢ Sentiment: LT Buy Disclosure: Held