Looks like your right, rather interesting also to note, volume was only 3.2 mill shares in Australian ASX market and the CHI-X market volume was 38 million and more than likely is a buyer outside of Australia.
The CHI-X is a market frequented and used by other Asian countries mostly although some Australian buyers do as well. But, then again it could be a US buyer, finally wanting the very discounted Australian shares, or an Asian buyer or European, who knows, but they did take a rather large bite out of the Avita apple, volume normally is 1/3 of the volume the ASX does in Avita, either way its very good.
Things are happening just as we knew they would and someone with very deep pockets is taking an interest. I would venture to say out of the 38 million shares 30-35 million was a large buyer. As much as I do not want to as I despise a few there and have neglected to go to the site in more than a month, I am going to peruse Hot Copper and see whats up.
I hope all the longs there held long and didn't get weak during the last basher drive in the AU that dropped it to damn near a dollar at times the equivalent of and AVMXY share, but, they knew the facts no matter how slighted and distorted the basher info was.
As a normal investment I cannot see why one could not wait 6-12 months to make an incredible return, now a days people are to focused on quick trades, they do not see the big picture. I also know this is a OTC stock and they are very suspect for good reason, but, one had to see with the govt for years working hand in hand with them and investing so much money themselves, it was a different OTC company from the jump.
People who invest rather than only want to trade and get the quick buck or cannot stand to see a 20% dip in their holdings, never attain true wealth. I am a perfect example.
And AVMXY is a rare bird in the OTC game, OTC stocks 99.9% of the time have zero long term viability or growth possibilities Avita does, it just doesn't happen, they may run on BS but they crash hard.
Invest in quality real companies and sell bits and pieces as it rises even if it takes a year, you will always make more than trading. Ok I will shut the _uck up now, just had to throw that out there, we will be proven right in the end.
We still have hurdles, but, I honestly think this thing is tightening up, jumped .02 a share near 20% on low volume for the ASX nobody wanted to jump on the bids and whack them down and the stock ended at the HoD.
If you add as I say always, bid sit catch the low of the day and if dips some tomorrow, who cares think about the price come June or next November, I still cannot get out of my mind the $250,000 block buy when FDA was approved @2.04 that was no trader.
I will report back if anyone there has a clue or insight into who may have sucked up the shares on the CHI-X today in Australia.
Peace out.
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