AVZ 0.00% 78.0¢ avz minerals limited

To be fair, in this sector and the bull market of the past 12...

  1. 349 Posts.
    lightbulb Created with Sketch. 156
    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.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.