AVB 0.00% 16.5¢ avanco resources limited

PR and a talk with TP, page-39

  1. 6,689 Posts.
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    Since 09 June, our biggest volume days have been when our price closes on 6.9c. The days where our closing price is 6.8c, the volume drops by a 1 million shares, (ASX figures only).
    Above 6.9c the volume drops off by 1 million shares when the closing price is 7.2c.

    Price Av Volume
    6.8c 600,000
    6.9c 1,600,000
    7.0c 1,300,000
    7.1c 1,000,000
    7.2c 400,000

    I would say that 6.9c is when the buyers match the sellers for the moment at least.
 
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