I sold about half my holding back at 15.5c because the chance of...

I sold about half my holding back at 15.5c because the chance of a big drop like this was starting to look too probable for my liking. I'm not in anyway suggesting I predicted this - far from it - I just think I was starting to pick up on the skittishness of AVZ investors and thinking the only news in the near future that's not priced in at this stage is probably bad news that will cause panic. I've only invested what I can afford to lose - but I'd also rather not have my spare cash languishing in a protracted recovery if I can avoid it.

So today I was thinking of re-instating my holding, but in options. Now, I don't really know the first thing about TA. But with my untrained eye I looked back over the chart at what happened after all the big, sudden SP drops in AVZ of the last 12 months and concluded there's no need to rush back in. I can't see much chance of a sudden upward movement until a TO, JV or binding offtake announcement.