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7.14%

1.3¢ australian vanadium limited

Cyclical indeed, and there will continue to be booms and busts....

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BaulklikeGresh

1,339 Posts.

128

15/12/18

22:28

Post #: 36871877
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Originally posted by Hokusai ↑

Originally posted by BaulklikeGresh
I think that last paragraph is a very good indicator to go the other way, in the opposite direction of the crowd.

Hok, come back in 7 years and I’ll have a grange with you now that the ASX 200 will get over 10,000 by then.
Very smart to go against the crowd (I did at much higher prices on AVL)
But what is NOT smart is to not recognize where the crowd is.
The crowd are investors still hanging onto hope. The smart ones are the ones exiting the stockmarket

Think about the stockmarket or Australian economy like the Titanic.
When the iceberg was hit, many got in lifeboats. That was the crowd fleeing (or trying to flee). How did it end for the contrarian like Leonardo DiCaprio?

Now holders on junior resource companies can sing "I'm king of the world" all they like but at the end of the day the ship is going down based on evidence to day.

AVL will rise again one day. Maybe after it has been recapitalised and once again the time will be to get on when it is beginning to rise and to exit at the first sign of an iceberg (as many of us did).

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Cyclical indeed, and there will continue to be booms and busts. IMO you are a few years early on your thoughts.

AVL Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.3¢		Change -0.001(7.14%)		Mkt cap ! $129.4M

Open	High	Low	Value	Volume
1.3¢	1.4¢	1.3¢	$149.1K	11.47M

Buyers (Bids)

No.	Vol.	Price($)
73	30184472	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	8382220	18

View Market Depth

No.	Vol.	Price($)
20	3787523	0.018
8	2387728	0.017
8	2791875	0.016
11	2263500	0.015
2	500000	0.013

Price($)	Vol.	No.
0.019	862281	2
0.020	404607	6
0.021	598625	6
0.022	1380000	5
0.023	2654010	7

Last trade - 16.10pm 29/11/2024 (20 minute delay)

AVL (ASX) Chart