Well here we are at the last trading day of the year.
As earlier stated by TP to one of our posters, news by EOY, thats today folks. ????
I would never have believed AVB would be sitting at 9.5c at year end, It is dissapointing to say the least, but hey, the whole market has taken a hit and I guess AVB is reflecting true value, for now, and its not hard to see why M Woods sold at 20 odd cents. I sold at 20c also but unlike him, I bought back in again at an average of half that, trading a few along the road.
The sell depth has lightened up a lot, there are now 15 mill for sale out to 13c which is down from about 26 mill the last few weeks, and minimal sells below 10.5. News could easily propell the s/p back up to double fiqures. In saying that, there is also bugger all volume in the bids.
The first 3/4 months of 2012 will tell the story and show the way to the future of AVB. I'm giving it at least that long.
I'm slightly optimisticly looking forward to todays open for news.
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