AVG 0.00% 34.5¢ australian vintage ltd

Not alot or commentary on this thread , I guess it’s not a...

  1. 20,334 Posts.
    lightbulb Created with Sketch. 1982
    Not alot or commentary on this thread , I guess it’s not a widely held stock . For those that are interested , the current SP action i believe represents an amazing risk /reward
    not only does it trade at a massive discount to NTA which comprises of hard assets including inventory , but the chances of a merger with accolade to form the second biggest wine company can not be understated. The synergies that will come out of such a merger are very significant for the smaller player being AVG.

    one recent broker valuation is 67c and even that represents almost 100% upside

    I have hit it hard and acquired 1 m shares over last week and a bit . It’s a high conviction pick for a high probability 30-50% return over 12 months with great downside protection
 
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