AVZ 0.00% 78.0¢ avz minerals limited

BGS, AVZ, TAW, AJM, LPD, GXY all down today, IMO there's been a...

  1. 52 Posts.
    BGS, AVZ, TAW, AJM, LPD, GXY all down today, IMO there's been a bit of profit-taking / converting to free-carried, and part of the reason for this now (rather than some other time) is the lack of news flow generally.

    Compare most of the ASX listed lithium miners, and AVZ by far has the most interesting month ahead inc AGM, drilling (3 drills, 20,000m), Airguide team still in China(?), 6 'Players' at the table, Instos accumulating (see broker data by @8horse and others) and someone capping with a lower VWAP as the corollary (the 5-day is looking pretty good for anyone with big ideas).

    Oh yeah, and don't forget the USD$285M road. Or our circa $446M market cap.

    PS. 'Adjust' has finished. CommSec is now showing 15.34M Buys vs 13.99M Sells. Volume continues to wither as price continues to rise little by little. Our low today was higher than our low this time last week.

    Just my opinion / speculation, dyor
    Last edited by roundtwo: 21/11/17
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