I also said that we would test 6.0c and that didn't happen.
DOW up 0.8% overnight and all overseas markets up to various degrees. ASX should be in the black as well today. Copper still holding above $3.00, maybe a slight recovery happening.
AVB's average daily volume is low at the moment. For June our avearge is 2.5 million compared to a 12 month average of 3.4 million. The last two days saw just over 1 million.
Last day of the financial year for the markets so I can't see our volume being any better. In July last year our price was around the 6.0c mark. What a difference lower commodity prices make.
My guess for the closing price today is the same as yesterday, 5.6c, maybe 5.7c. Bit like forecasting the weather, if you say that the weather today will be the same as yesterday, you will be correct 75% of the time....lol.
AVB Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held