It’s possible & also not surprising. His contract would be replaced by better ones IMO. This selling definitely feels like irrational rushing out of the door. If the selling is caused by him, it should be finished today after doing some rough calculation.
I have been a buyer today & the price was too good to reject. We sure found floor around 5c. Large chunk of orders dumping into the buy side & yet we still closed above 5c considering all of these + Friday + EOFY.
Hopefully we could see some Ann from company confirming this. To me it’s a relief & only upwards from here.
AVZ Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held