AIV 0.00% 1.6¢ 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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Mkt cap ! $1.293M
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Buyers (Bids)

No. Vol. Price($)
3 188234 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 294206 2
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Last trade - 16.12pm 22/11/2024 (20 minute delay) ?
AIV (ASX) Chart
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