Yeah, this result is not unexpected.
When you start arguing with a guy who owns 56m shares of a stock that turns over about 2% of that a day and is sitting near 12 month lows you're going to get an emotional response.
Then people in here give their emotional responses and we descend into chaos.
At the moment the fights between V crews is giving me the shits to be honest. We are all holding stocks that seem to be disconnected from fundamentals in terms of price. If everyone spent more time writing quality analysis and discussing positives rather than slagging each other off and scaring all the people burnt on Li and Co buying at tops we might get somewhere.
Companies like AUZ and CLQ and even AVZ still trading at multiples of AVL on worse project economics and in the case of AUZ and CLQ worse macro fundamentals and bigger capex bills.
PFS, BOA, ML and financing are the crucial steps for AVL. I expect a re-rate as each occurs. There is no reason this can't trade $200-300m once those are tucked away in my opinion.
- Forums
- ASX - By Stock
- Sediment-hosted (V) vs magnetite-hosted (V)
Yeah, this result is not unexpected. When you start arguing with...
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $146.3M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $15.58K | 949.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
49 | 6392105 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 6661308 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
49 | 6392105 | 0.016 |
64 | 14815762 | 0.015 |
32 | 7677174 | 0.014 |
29 | 7945784 | 0.013 |
13 | 6652757 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 6661308 | 13 |
0.018 | 7914343 | 33 |
0.019 | 5863837 | 13 |
0.020 | 9836014 | 20 |
0.021 | 9100000 | 2 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
|
|||||
Last
1.7¢ |
  |
Change
0.000 ( 2.94 %) |
|||
Open | High | Low | Volume | ||
1.7¢ | 1.7¢ | 1.6¢ | 5741080 | ||
Last updated 15.59pm 05/06/2024 ? |
Featured News
AVL (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
Previous Video
Next Video
SPONSORED BY The Market Online