Yes, I know the theory behind them and we can point out some very good companies that have powered on after a consolation but for each one there are many many more that have destroyed the little blokes investment.
A capital raise at the moment would be a kick in the teeth.
If we listen and believe management our little pit is churning out enough to keep the wheels greased as we roll into PB.
If/when a consolation happens I would hope it was on the back of a Cu price around $3 not $2.
Slow and steady for Avb as we wait for higher Cu prices ( I know it's not sexy) but a consolation would be the equivalent of shooting ourselves in the foot the day before doing the city to surf. As if running a marathon isn't hard enough
AVB Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held
