Howdy Xerof,
I agree some of the selling prior to suspension should improve the chances of a significant rise in SP subject to no major outstanding issues at that time.
However, what are your thoughts on Yibin and Huayou which together hold 250 million shares? Are they a potential threat to our likely rise in SP temporarily or do you think they will hold tight? Obviously they didn’t sell down in the pre-suspension period which is positive of course.
It’s usually the unknown or left field event that can duck you regarding forward expectations. I hope the CCP is not an influence due to the defeat of Zijin.
Great to see Lithium Plus pick up 50 million shares during the short sellers attack, would not be surprised if they round up to 100 million or more on open.
Anyway, just wondering your thoughts on how tightly held AVZ shares are with Yibin and Huayou, all others thoughts welcome of course. Apart from spectacular shaker sellers attack that blows everyone out of the water on open, (extremely unlikely) this item around the two major Chinese shareholders is the only thing I can think of that could impact (temporarily) the SP on open.
One last more positive item is the data that came out around the time of the US guys made the visit to the DRC with regard to seeking information around AVZ. I think there is a significant yet unquantifiable interest from the US investor base that could come in over the top to acquire shares on open as well pushing things in the right direction.
Cheers The Fox