Yo Kalenn on this balmy nth coast afternoon. Yes we do know an ann is imminent so as to meet legal requirements prior the AGM. Only a week ago the majority expected it to confirm finance. Now however nobody is sure what the next one will allude to.
I still don't quite understand the risk you large investors are taking but as I said I take my hat off. Lets just accept your spread sheet scenario plays out and 32 cents it is come xmas. Why not jump on board when it is de-risked further. For example this 'new' scenario turns out to be really positive and secures finance with good conditions. Bingo off goes the SP ...in I/whoever jump. OK...won't be buying at 8 but you should get on for under 12 in first hour. So I'm on board at 12cents almost risk free and will be worth 32 cents in 6 months. OK 4 cents more than if I bought in at a risker 8 cents. Not to mention my capital has been working elsewhere...OK yes DML but hooray for NRT .
AVB Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held
