Another indication of what the market thinks about the current share price on a stock is how many outstanding short there are on the stock.
Just about every major stock has some of its stock shorted with high growth stocks like ours often having 5-10% of the stock shorted.
As at 15th October 2021 (the latest available report) AVZ Minerals had ZERO outstanding shorts.
That tells you that even the large hedge funds are now too scared to short our stock at current prices as they know its way undervalued and they will get seriously burned if they try.
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