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16.5¢ avanco resources limited

That sound like a good recommendation but what is the...

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ra1ders

196 Posts.

1

11/09/14

13:25

Post #: 13959373
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Originally posted by Clear air ↑

This has been such a never ending story of great " promise and wealth" followed by dashed hope. Life's like that. I have held this for a number of years now, so I've had time to think about it.
I was concerned from the outset about the number of shares and the ongoing dilution of the stock, but have, and still have faith in the project as it seems to have been managed very well.
I think that now that we have reached this significant step, the company should consolidate the share register say 3 or 4 for 1. I think that should take it a bit further out of the realm of the rampers, shorters and speculators. I believe that the value of each share on a register this size , somehow becomes an unreal fraction of value.(Am I stating the obvious?)
In addition, I suspect the numbers of small investors in the junior end of the mining sector is historically, pretty low right now. This type of register favours the big stake holders who can really push it around at will.
I suppose its fanciful to ask for some sort of stability for small long termer's

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That sound like a good recommendation but what is the possibility of that being done.
I'm hoping we get to kick out the traders or short term holders soonest

AVB Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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