AVM advance metals limited
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Regarding my last post ------Last minute buying on TSX two days...

  1. vidi
    572 Posts.
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    14/10/09
    10:00
    Post #: 5774938
    Regarding my last post ------

    Last minute buying on TSX two days ago started the "vibrations" of Anvil share price which I anticipated for about the 15th of this month.

    Last night Anvil surged on TSX up 19% to the equivalent of $3.32 Aussie dollars.

    My guess is the financial figures which will be in the next quarterly report to be released in November have been analysed by insiders/institutions during the last two day period and the quarterly report will be (as anticipated) positive.

    Hence my suggestion that Anvil could move closer to $4.00 in the near term because of improved finances in the last quarter and consequent re-rating of Anvil shares to higher level could be on track.

    Remember ---

    Your guess is as good as ---
    AVM Price at posting: $3.22 Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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4.8¢ 		Change
0.002(4.35%) 		Mkt cap ! $12.72M
Open High Low Value Volume
4.5¢ 4.8¢ 4.5¢ $81.76K 1.722M

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No. Vol. Price($)
2 2700 4.7¢
 

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Price($) Vol. No.
4.8¢ 114130 2
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