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78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-13928

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thefinn12345

798 Posts.

9

06/02/18

17:09

Post #: 30863761
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Originally posted by djm3001 ↑

I think it will have softened up shareholders, so to speak, to lessen their expectations on T/O price.

The bravado of 70 cents and $1 may have been washed away with this correction perhaps.

although we have taken a pounding (along with everyone else without exception) i still think that a takeover at 50cent + is and has been a done deal for some time.

I think that the fact that our MD and newly appointed Mining expert have a whole swag of shares allocated to them but the vesting conditions don't include any actual mining, contract procurment, development, financing, construction or production triggers attached but ONLY share price targets succinctly suggests where this is heading.

Although it is difficult not to look at the SP slide and be depressed about it, you just need to let it ride out and wait for the T/O. I am taking my own advice (and finding it difficult) and trying to learn patience. Not adding to OR selling down any holdings but just sitting and waiting.

Cheers

DJM

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Will be interesting to see what prices are like when it's over and what @8horse shows in his graphs at that point.

AVZ Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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