AVM 3.85% 2.5¢ advance metals limited

something holding it back, page-2

  1. NT
    1,708 Posts.

    looks as if this weeks flurry of selling is over.

    Could be related to a possible rights issue?
    Some time to wait for that!
    That is if the suggestion is to be proved correct.
    Eventually.

    Makes sense anyhow.

    Then again tis more likely the surge in selling was for reasons other than that.

    So it looks as if selling has returned to the normal "dribble".

    Looks as if institutions are in a disciplined mode - willing to take all sellers in the low 70's.
    That is their evaluation/risk prognosis at the moment - perhaps.

    More good news will no doubt send share price higher.
    Could come from analysis of drilling results, from increasing profits with Dikilushi.
    Whatever - doesn't seem close at hand anyhow.

    Until there is positive news tis looking like share price will stay at present levels.

    So closer to 90 cents early April still looking a reasonable guess.
    With the closer to $1.20 early 06 also looking a reasonable guess too.

    Remember your guess is as good as -----.

    Cheers,

    NT
 
watchlist Created with Sketch. Add AVM (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
-0.001(3.85%)
Mkt cap ! $3.385M
Open High Low Value Volume
2.6¢ 2.6¢ 2.5¢ $24.30K 964.3K

Buyers (Bids)

No. Vol. Price($)
1 49 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 50000 1
View Market Depth
Last trade - 10.14am 02/08/2024 (20 minute delay) ?
AVM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.