I put 50% of my super into AVZ 3 years ago as it seemed like a great long term investment, however shortly after buying the SP tanked and at one point I was 80% down. Knowing I could not access my super until the age of 60 I decided to hold my shares and focus on the strong fundamentals this company had. I always acknowledged the third world risk factor , but the significance of electric vehicles could not be ignored as we push for a greener future.
At the age of 45 I now have 15 years to see my investment grow and like many have suggested on here AVZ is likely to be a major player making huge profits on the back of a booming car industry. Imo from where we sit today I believe the chances of success are far greater than that of failure, AVZ will be a winner.
DYOR
AVZ Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held