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AGM 26th June 2015, page-241

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29/05/15

09:50

Post #: 15374223
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Originally posted by Awoonga ↑

I suppose I should add that our directors will be looking for share price a degree higher than 10c before taking up. I've never been in that enviable position so I don't know what our price would have to be to take up the 10c options as a profitable exercise.
I would guess that when our share price is comfortably above 10c it would be during a period of prosperous growth perhaps sometime between AN at full production and a signed off loan for PB.

If we thought the 10c wall was high 2 years ago, it is now 2.2 times higher.

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Awoonga,

Just one last thing. If our share price only goes to 11c, TP still makes $450,000 (nice little bonus)

AVB Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
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