AVB avanco resources limited
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  1. Coppertop137
    3,760 Posts.
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    16/10/13
    10:48
    Post #: 12446151
    retail shareholders didnt get a choice. willingness has nothing to do with.

    Good company but this stinks on ice.

    Why would you dilute the company 20% to advance 2nd and 3rd stages that could be self funded as well as handing out a 2% royalty forever.

    AVB directors are probably fantastic geologists. But I cant think that this transaction is optimal.
    AVB Price at posting: 8.1¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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