AVH is carrying a 8.4% short position as traders believe COVID will hinder the companies growth prospects this year following a tough 2020. However in mid-January the company delivered over 50% growth in revenue for the 2nd quarter questioning this view in my opinion – the risk / reward looks attractive for traders with stops under $6.
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A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
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Thursday 17th April – ASX +24pts, CGF, BHP, STO
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Thursday 17th April – Dow -699pts, SPI down -26pts
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MM likes AVH as an aggressive play with ~9% stops
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A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
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