AVB 0.00% 16.5¢ avanco resources limited

Ann: Initial Director's Interest Notice , page-38

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  1. 276 Posts.
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    Thanks newland - it's a calculated gamble going from explorer to producer - Lynas is not far away from finished product which should see a rerate . Avb likely to go through similar oscillations as it moves to producer status I hope to use my knowledge gained from my 12 months as a LYC holder to apply to avb - I'm sure avb will be shorted to buggery by the pros as time goes on, and as I have got in low I can afford to trade in and out of avb as the opportunity arises - unfortunately got locked in with LYC at a high average :( and just never knew when it would go lower or higher and had too much to lose if it suddenly jumped . With Avb there will be multiple SP jumps with vale agreement and a retrace, resource upgrade then retrace, smelter agreements then retrace , etc etc the trick is to not get too greedy - sell and wait for a reentry - cant wait :)
 
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