You are entitled to your opinion, and mine is that it has been - and is - a dog stock.
I do remain more optimistic about the future however - relative to its woeful past price performance.
It's of no use trying to counter my argument by stating that AVB is well managed; is producing; has an active exploration program; and is in off-take negotiations because - until now - what counts at the bottom line as far as stock market investors are concerned is that - the share price has done nothing for over 3 years now.....
Share price March Qtr 2013 VWAP - 7.9c
Share price March Qtr 2014 VWAP - 7.1c
Share price March Qtr 2015 VWAP - 7.2c
Share price March Qtr 2016 VWAP - 6.8c
How is that for credibility...and reality?
Leaving the past behind, I see better price points on the horizon -but I am not sure it will be much more than 8/9c by year's end but with the hope of a spike to 10c at some point.
PS: The Dec Qtr in 2012 was a good one - 10c VWAP but - alas- the 2 Quarters that preceded it were also (sigh) 7.14 and 7.13c respectively.
PPS: VWAPs for other quarters available on request (Sep-14 was a good one! Others - not so much)
Coop
AVB Price at posting:
7.4¢ Sentiment: Hold Disclosure: Not Held
