I have held my single parcel since 2018, where I bought in at 7.5c.
Todays drop was profit taking and not related to market or individual company momentum - it was one or multiple parties derisking or rebalancing.
Avz has grown rapidly in price, a rebalance is something I considered last week, however as the company still has news to come and things to do, I am comfortable with thebrisk at least until we get working plant on the ground and a maiden shipment on a boat.
To whoever is rebalancing or considering it, I put it to you that you are leaving some potentially serious gains on the table - compare potential exports in DMT with market growth, scale that against PLS or MIN, and ask yourself if sellin a single share of this business today is a smart move?
My bet is on AVZ stays with today, and tomorrow, and next week, and likely next year. This one is a buy for me, especially on a pullback like we had today during no-news Monday.
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