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78.0¢ avz minerals limited

https://hotcopper.com.au/threads/running-discussion-on-sp.4111732...

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sydneyr

517 Posts.

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10/11/21

09:02

Post #: 57447668
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https://hotcopper.com.au/threads/running-discussion-on-sp.4111732/page-56235?post_id=57447186

I checked Invast margin for AVZ and it is at 35%. Great work on finding this information. Certainly, explains the crazy sell down on Monday which did not make sense.

Originally posted by Obe wan ↑

apparently over 50m shares came through Invast margin recall CFD on Monday...so there was likely some retail punters whom considered themselves large holders on Friday....but only had half those number of even, by COB Monday

So no doubt, the recalls were rang in ; SP was quickly heading the wrong way in a heavy ratio Margin tied which was burning portfolios and the sell buttons were being smashed to pull heads out of the water.

Selling and trying to get back on the boat cheaper before being smashed again...Margin is great when its going your way...but when it turns , it can get nasty.

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AVZ Price at posting: 52.5¢ Sentiment: Buy Disclosure: Held
34 Upvote

0 Great analysis

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