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78.0¢ avz minerals limited

Possibly the world's largest hard-rock spodumene resource, page-13

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greenmetals

621 Posts.

168

10/05/17

16:56

Post #: 24604038
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Originally posted by Obe wan ↑

Yes there's a bit of supply being dropped in now and again as the buys creep up into the 4s ; which is , as greenmetals suggested probably some the T1 investors offloading to pay for their T2 allotment. The SP actually held up quite well when T1 was released and it only tanked soon after when the now resolved legal issue came out, so might be a case of those that offloaded may keep a tighter hold of their allocation this time around.

125m shares at 2c for $2.5m...if the results are as expected ; even if all those shares came onto market, i reckon they'd be evaporated pretty quickly

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Yes, that's 2 @2c for 1 @4C.

Pretty good deal for Hartleys and clients. Probably the last deal too, cause based on Eckhof's latest deal for Amani Gold I expect a similar deal for AVZ' next raising. Whenever that happens...

Last edited by greenmetals: 10/05/17

AVZ Price at posting: 4.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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