AVZ 0.00% 78.0¢ avz minerals limited

Running Commentary on the SP Movements., page-209

  1. 2,721 Posts.
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    I can't believe how unbelievably premature @Kikkers1959 post is. Let's do the math shall we. Say he sold 1M shares of PLS @ $0.40 for arguments sake. Gave him $400k. He then bought 11.4M shares of AVZ @ $0.035 with his $400K from PLS sale. At today's price, his AVZ shareholding is worth $1.15M. If he stayed with PLS, it would be $640K. PLS's share price will have to increase to $1.14 (80% more) for him to make the same amount as AVZ today - and that assumes AVZ stays at a MC of $180M forever. Gee that Michael isn't very smart. Kikkers... credibility... zero.
    Last edited by densamer: 29/09/17
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