Running discussion on SP, page-19987

Good job mate. You must have been busy buying. Let's do the calcs.

As you stated on HotCopper in May 2018 you purchased (after a conversation with ML) around $200k worth of AVZ shares at $15.5c. $200,000 / 15.5c so say 1.3 million shares.

So to now average around the 4.0c mark after buying during the past few months this is the only scenario that makes sense.

You have purchased an additional 50million shares @ 3.7c (the lowest price in the last 12 months/lucky you) which has cost you $1,850,000.

So your holdings at an average of around 4.0c (your statement) are now made up of a $2,050,000 spend for 51,300,000 shares.

So every pip (10% of a cent) is rewarding or costing you $51,300. You are a brave man or maybe my calcs are out.

Surely we will see a substantial holding notice for you very shortly my friend.

All the best.