AVM 9.09% 3.6¢ advance metals limited

on the way up again

  1. 572 Posts.
    Canada trading in Anvil on Friday - Anvil moved up 20 cents hitting a high of $5.45 and closing at $5.34 (AU$5.32) on average turnover.

    Markets realising strength and potential of Anvil and continues to re-rate positively.

    Not into TA but now that Anvil has moved strongly through the $5.00 barrier there seems little resistance until the $9 to $10 areas.

    The prediction of a share price "close to $5.00 at the end of 2010 - early 2011" is well and truly taken out now.

    The prediction of closer to $7 in 2011 could - perhaps should - be easily swept away and a share price closer to $9 is not out of the question.

    Whatever!
    Monday may see a significant move beyond the $5.00 share price on the ASX.
 
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