AEV 0.00% 0.4¢ avenira limited

why mak sp still stays low?, page-15

  1. 13,176 Posts.
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    By my calcs and assuming no-one has traded twice since it has only gone down after the extra 100 million shares were issued, we have only traded 30 million shares. So that is another 70 million shares that traders paid 43c for that chose not to take stag profits and are now at breakeven.

    Is there a hurry to re-enter? Time will tell. Any run will face considerable headwind since there is a lot more shares on issue now - actually more than double if you take into account the BON con-job. The good old spikes of 20c in a day or two may well be a thing of the 100million share past ... good lessons in how to trade a stock that brings an emerging bull commodity to market.

    It is now back to the fundamentals of grain and fertilizer markets ... I would have thought if there was a predator lurking this extra volume would have be an ideal opportunity to sneak into the ranks.
 
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