Club Mulgoa

Friday, December 22, 2017

AVZ

I read this morning that Alan Kohler has listed AVZ as one of his bubbles as it has risen 1470% in the last year.  While he advanced his take on the demand for lithium, his only bubble-reason is that it is in Congo, with its corrupt politicians and unethical use of child labour.  However, he failed to highlight that AVZ's large potential lithium resource just need a Chinese lithium battery maker to want it...

I haven't bought a lot of it but the article will initiate some selling by other investors.  Maybe, it would be a good time to top up before they start further exploration.

1 Comments:

Blogger Club Mulgoa said...

Alan Kohler must be right... or rather too right!

The share price did fall after I bought and stayed close to a plateau below my buy price so I naturally assume the wise Alan Kohler is correct. However, it started to rise very recently and now it has spurted beyond Alah Kohler's imagination!

11:07 PM  

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