AVL 4.00% 1.2¢ australian vanadium limited

Ok let me give it a try. Do you agree that sell off is related...

  1. 374 Posts.
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    Ok let me give it a try. Do you agree that sell off is related to Options expiry? options excercise price is 2c; these are in the money until heads are trading over 2c. This is like a CR coming at 2c. The stocks are invariably traded around or below latest CR before new issues are digested in the market. I have no doubt that AVL will be trading once again to it's all times highs and much above that level but not until options expiry date. I am not selling a single share now as things can turnaround overnight if a good financing deal is negotiated sooner. Rather I would top up if it hits 2c. But commonsense tells me that SP will be trading at around 2c in coming weeks. Sorry if it sounds crude to you but all is based upon my observations and hard lessons learned on the job in investing.
 
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Last
1.2¢
Change
-0.001(4.00%)
Mkt cap ! $129.4M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $38.26K 3.106M

Buyers (Bids)

No. Vol. Price($)
54 18052942 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 5924987 18
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Last trade - 12.39pm 04/12/2024 (20 minute delay) ?
AVL (ASX) Chart
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