AVM 11.5% 2.9¢ advance metals limited

short position & congo growth article, page-3

  1. 572 Posts.
    Thanks again KKR!

    Well one thing seems apparent ---
    Congo needs to encourage mining companies --- Not plunder them as for initial demands of Government Contract Review.

    The Review needs to be dismantled - in accordance with previous posts on HC which have confidently predicted no damage likely for Anvil.

    Slowing down of new mines and holding off of others is actually a positive for Anvil for obvious reasons.

    Big dump of Anvil shares on TSX last night to record lows.
    Finished under Au$2.00.

    Bad market day combined with poor - low production, minor problems in quarterly report which is no doubt in the hands of insiders/institutions is likely reason for the dumping.
    Little resistance to the dump because of all the contributing factors presented in a previous post.

    The only question at the moment is ---

    Will Anvil share price drop to $1.00 before recovery.

    Will share price bounce back - to some extent - in April/May 2009?
 
watchlist Created with Sketch. Add AVM (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
0.003(11.5%)
Mkt cap ! $3.927M
Open High Low Value Volume
2.5¢ 2.9¢ 2.4¢ $36.69K 1.440M

Buyers (Bids)

No. Vol. Price($)
1 25692 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 51842 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
AVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.