Actually release of latest quarterly report is due next week.
After the CBA dumping (assuming CBA was the culprit) market has stabalised with minimal trading taking place.
A catalyst is required now - to stimulate share price.
Have predicted that the not unusual flurry of trading precededing the release of the quarterly report will end closer to release of report.
So far so good.
The next prediction is that share price will move in an opposite direction to the movement that took place during the "flurry of trading".
Meaning that if the predicted pattern eventuates a surge in Anvil share price could be anticipated in the week or two following the release of quarterly report next week. And in a similar nature - but opposite - to that occuring in the lead up to the release of quarterly report. Time will tell!
Agree with Flats, Stone Pony and Miningnut that there appears to be no "nasties" to justify present undervaluation of Anvil share price. Now that people agree that CBA dumping was the prime mover.
Hopefully the market will react once analysis of Anvil profits and pending profits post Stage 2 completion is factored in.
Note the interested investors have probably recovered from "Congo Fear-ver" - caught during spate of unrest recently.
Anticipation of a take off for Anvil shares to much higher levels has been premature. Especially with TSX listing anticipations.
Perhaps "premature" is the operative word.
Anticipations have been based on thorough analysis of Anvil. Are not "pie in the sky" carry on.
It is likely that all will come together. Later than anticipated. Sooner rather than later.
