To be fair, in this sector and the bull market of the past 12 months, 300% isn't exactly a premium return. I've hit 500%+ on more than 5x investments in that same period and 600% on one which took just ~3 weeks to materialise this month.
I think that is the point that some holders are rightfully voicing their frustrations. AVZ has been a very long game and fraught with continual, ongoing delays and missed timelines, most of which were self-imposed by management.
Sure, this 300% return could transform into 600% within a matter of weeks from here (and personally, I'd be stunned if it doesn't), but the point many others are making is that they could have thrown their 1,000%+ gains made on several other Lithium stocks into AVZ right now and maximised their returns in multiples of what they've managed as a faithful, long-term holder.
- Forums
- ASX - By Stock
- Running discussion on SP
To be fair, in this sector and the bull market of the past 12...
-
- There are more pages in this discussion • 31,842 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)