AVB 0.00% 16.5¢ avanco resources limited

"current share price merely reflects what happens in equity...

  1. 11,719 Posts.
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    "current share price merely reflects what happens in equity markets" I agree 100% with this, AVB have not kicked any own goals, market is not able to digest construction as a catalyst, hence it follows the inevitable buyers and sellers days of our lives scenario.

    On PB I also agree to wait and see what the situation is further down the track, I have some theories, but they are not for this most articulate and cerebral forum, more musings on my part.

    The volumes could hardly be lower, my view is that lows in this and cu have been seen, I know predictions are a mugs game, but then it is a little more than that for me, I have bought at what I think are fine prices over the last couple of months. Risks always exist on execution of the mine in build and operation. On a point raised earlier regarding "the stuff being there" when they shovel the sand. I am drawn back to the elevated cut off percentage they volentarily entered into the equation a year or more ago, this alone told me
    more than a volume of glossy investor publications.

    As you see, no golf this morning.

    Cheers all.
 
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