Mate, just some friendly advise, don't put your home loan or huge sums of money that you can't afford to lose, into a speculative stock like AVZ. Also don't get caught up in the hotcopper darlings. Since joining there have been others (ADO, OBJ and NOR) which were hyped up and crashed.
On a side note, I applaud you for exercising risk management by selling out. It might bounce and you might regret your 20k loss but it might continue falling and that could hurt sooooo much more. For people who are giving you s$%t about it, they don't understand that everyone has different risk appetites and financial situations that cause some to buy/sell at different levels.
All the best
AVZ Price at posting:
16.5¢ Sentiment: None Disclosure: Not Held