AIV 31.3% 1.1¢ activex limited

potash , page-89

  1. 12,247 Posts.
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    Yesterday's spike was a clear blowout ... but what it has done is clear the decks, and bring the stock to many people's attention.

    I held what I originally bought, and now have added some more to lower my average to 8 cents .. happy with that. Just looking at the chart, if we remove yesterday's spike, the chart still looks fantastic, with a rounded bottom, a handle formed, and a clear up-trend in place.

    Regardless of the blow off yesterday it looks technically good IMO. It has very few shares on issue, and has some very good tenements. I agree with John, it was cheap at 6 cents, and still looks cheap at 7 to 8 cents.

    The lack of cash might be an issue to some, but if the company raises it carefully, then it can even turn out a plus. We know AIV can move in a heartbeat, so it will be interesting to see what management can do with it!
 
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Last
1.1¢
Change
-0.005(31.3%)
Mkt cap ! $1.293M
Open High Low Value Volume
1.6¢ 1.6¢ 1.1¢ $3.267K 262.5K

Buyers (Bids)

No. Vol. Price($)
1 29967 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 272943 1
View Market Depth
Last trade - 15.47pm 27/11/2024 (20 minute delay) ?
AIV (ASX) Chart
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