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Random AVB should be in a position to buy back some shares soon....

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twouptom

26,265 Posts.

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30/01/17

09:52

Post #: 22206707
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Originally posted by RandomAce ↑

Your argument is pretty poor.

Despite your concerns on the amount of shares this has not translated to huge daily trade volumes. This is simply because the majority of the shares are held by just 4 institutions and along with management they hold over 60% of shares. In truth the daily volume trades more like a 80m market cap company. Consolidation doesn't make the company any more valuable. The market cap remains the same!

I mean like i get it... 1$ to 10$ feels better than 1c to 10c because 9$ profit sounds more than 9c. BUT IS IT REALLY ANY DIFFERENT? 100$ invested still makes 1000$ !!!!

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AVB should be in a position to buy back some shares soon.
Agree ....consolidation does NOTHING

AVB Price at posting: 7.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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