XAO 0.83% 8,082.3 all ordinaries

AVZ. Sure it backed off 7% today, but gees.. still a lot of big...

  1. 1,883 Posts.
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    AVZ. Sure it backed off 7% today, but gees.. still a lot of big numbers coming through. The course of trades in the last hour: small, small, bot, bot, bot fail, 5 figures, 5 figures, 5 figures, bot, bot, bot fail, rinse repeat...

    And someone converted their 3c options (netting them a tidy $230k at current prices) - That could account for a bit of the selling I guess?

    So many questions! Will it break down as some big players manipulate the stock? Will the next round of results be disappointing (What do you mean the hole is not 500M @ 96.5% Li2O? That’s it! I’m selling!) and subsequently trigger a sell off... or will a pretend sell-off be initiated so that those bigger players can buy in..? Will TO rumours or pressure from foreign funds wanting to buy a controlling stake continue to ruin any chance for this to trade normally...?

    So many questions!
 
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