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78.0¢ avz minerals limited

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Chair-Face

1,367 Posts.

310

02/05/18

15:52

Post #: 32833684
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Originally posted by Freehold ↑

When it does (...and it will IMO), it will be sharp/quick movement.

That is assuming the market is fully informed. Interestingly I would expect the Company have received a please explain query by now so expecting to see a "we have no idea why" explanation shortly.

Then the rush back in once the herd stop running and realize their folly. 15c is the major bounce point IMHO as that is the lower trend line of the channel we are in. RSI is "Screaming" buy @ 28.

All is IMHO. DYOR

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@Freehold . My guess is Huayou aren't happy with whatever deal AVZ have made for an off take or alike . And they are selling their 186 million shares, while keeping their 186 million options . I just cant see anyone else with the shares on hand to be selling this much
What do you think?

AVZ Price at posting: 16.5¢ Sentiment: None Disclosure: Held
3 Upvote

0 Great analysis

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