AVM advance metals limited

Has the heat gone for the short time?Does look as if the selling...

  1. NT
    1,708 Posts.
    Has the heat gone for the short time?

    Does look as if the selling offers has been loaded.
    To force the usual dribble of selling to unload below 77 cents.

    The buying pressure seems more restrained - perhaps uncompetative --- for the time being.

    The quarterly report is due within a week!

    Those who anticipate "feel good" type items in the report will be disappointed --- as usual.
    These quarterlies are a clinical stastistical rendition of past activities.
    Most of which are known about and predicted.

    Institutions usually anticipate - or have knowledge - of the basis of quarterly and share price has been readjusted well in advance of the report.

    The move to high 70's may be partly because of this.

    Sometimes there may indeed be a better - or worse - outcome than expected.
    Share price reacts accordingly.
    That is not because the report is good or bad but because it differs to expectations.

    Whatever.

    We look forward to the soon to be released report.
    Especially in the hope that it points the way to strong progress in subsequent months.

    90 cents by early second quarter?
    My prediction stands.
    Hopefully conservative.

    $1.20 spike sooner rather than later this year?
    Could be?
    Your guess is as good as ----

    Cheers,

    NT

 
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(20min delay)
Last
4.4¢
Change
-0.001(2.22%)
Mkt cap ! $12.58M
Open High Low Value Volume
4.5¢ 4.5¢ 4.4¢ $24.04K 543.0K

Buyers (Bids)

No. Vol. Price($)
1 286041 4.4¢
 

Sellers (Offers)

Price($) Vol. No.
4.6¢ 565000 2
View Market Depth
Last trade - 10.28am 31/07/2025 (20 minute delay) ?
AVM (ASX) Chart
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