Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

18.5¢ avz minerals limited

AVZ Top 20, page-276

First 276 Last

Share
Profile

Follow
bipul016

80 Posts.

12

13/02/19

14:13

Post #: 37424003
Share

Originally posted by Jase76: ↑

What I can see happening is that the price hangs around or above the 4c mark so that management can get the full 15mil if the subscription gets filled. After issue there will be the profit takers who will sell and I would imaging the price will drop back to the issue price. So if the vwap is 4 then the issue price will be 3.2. I would imagine some of Patterson's clients will sell their stock to make a quick 15-20% profit all the way back down to issue price. (This is what happenned last year when WKT did a raise with Patterson's using the same style raise). Price will recover in the months after the issued shares churn and news starts to flow. Somif your not participating and not planning to buy anymore stock then I suggest you turn your screen off for a month or so. All IMO

Expand

I totally agree with you and not participating in SPP. I will buy some when the market will be in upward trend after the completion of SPP.

Cheers.

AVZ Price at posting: 3.9¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

AXN

Rising demand, China's 'tech war' bans leaves this germanium explorer with significant investment potential

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Week 49 Wrap: Bitcoin hits US$100K after 16 years; De Grey buyout; South Korea chaos echoes France

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 57 more messages in this thread...

First 276 Last

Add AVZ (ASX) to my watchlist