Whilst this thread has degenerated again, and not surprised, when timelines are not met, over the last few days a lot of comparisons have been thrown around to other stocks and where players are in terms of 'life cycle' share prices. I decided to revisit a thread started by @beisha there and this is my latest post there for anyone interested when dealing with FA issues etc etc (not TA matters) - Post #:54283727.
For the record, unless the new ínvestors are known in AVZ from the latest CR, I wouldn't take any notice of any hype generated btw. We have had CRs here in the past where the new sophisticated investors haven't either hung around and/or just became a blocking stake on the AVZ register doing very little in terms of the hype that came with their entry on the register to start with. The OCJ new entrant remains a concern too me given noone knows who the backers are of this 'residential st postal address' given what happened at FMS as I posted a few days back.
What will bring confidence back to AVZ is management having some on market buys. It is obvious, as I posted previously the 2023 timeline would not be met, and now they are looking at 2024 (which is what I thought initially was the likely date). Anyway, have been considering my position here as well of late, but time will tell.
All IMO
AVZ Price at posting:
16.0¢ Sentiment: None Disclosure: Held