Bit of supply intraday all part of the re-rate process im still a holder and will give it more time to play out, see where it finds legs again.
Originally posted by Adsy67
Hello 952i thanks for your insight on avz im a novice when it comes to chart reading so rely on quality information from posters like yourself .
I have been holding Avz for 4-5 months now based on quality information from
@horse and haplo
I’m after your opinion in regards to holding of selling of this stock if a takeover is announced . Do you sell and run or hold for longer term possible gains
Thx adsy67
Hey mate,
I’ve read
@Haplo stuff aswell, very smart poster.
As for selling/holding opinion? What’s good for me may not be good for you. We all have completely different risk appetites, capital constraints (or lack of), niches, liabilities and strengths.
My strategy generally designed for high risk, high reward, with very small capital (as I started with a small amount). Also for someone fairly young with little liabilities that can put it all on the line - I don’t have kids to look after.
So personally I would hold AVZ if I got it nice and early and have a nice buffer to let it ride out and try land as many bags as possible - even if it means waiting for T/O. I would at the very least wait for drills/JORC if I got set early enough. Also trade it along the way while holding a core parcel.
But that’s just me, and trust me I got a lot of work to do to improve on so definitely do what you’re comfortable with not what I think lol.
(20min delay)