What will happen is the money washing around the ASX will at first be turned to cash, some spent to repay margin loans and debts, and the rest will look for better places to be invested. There has been an over investment in hype stocks, bluechips especially with low PE ratios, but after this correction finishes the appetite for good growth stocks will be stronger than before and AVL will be back up there because of the grade, the quality of the management team, the unstoppable demand for Vanadium (notwithstanding an economic slow down). All IMO but to me this is pretty obvious.
AVL Chart, page-54
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $129.4M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $68.23K | 4.927M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 29492532 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 3429220 | 13 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| AVL (ASX) Chart |
