I tend to look at newer moves with this one, I know you have followed for a good while and know a great deal of the history.
For me it's skin in the game by the players that is of most interest right now, it was why my question about directors holdings was made, I expect greater holding given the story. Many reasons no doubt but I have never found a director who could not find money if they are sure they will make enough to buy. Anyway that is as maybe and we may still some buying perhaps after some regulatory issue I don't know.
What I hope for and expect is that the players have bought into AVB at .075 because they see value, simple as that. Now if/when we find out BR and Xstrata made this investment then my reading of the timeline is OK, not only because I bought lower but because it tells me all I need to know right now. Then I will be very keen to see the infill figures, because I don't believe the big houses don't have better info on this than I do. I guess it is the BR deal which has justified my buying in on the Xstrata deal, and again for me what is now Glencore putting any money into AVB would be a green flag IMO.
As always DYOR!!!
And a PS boys and girls, try a bit harder to tackle the issues and not the man, some of these last few days posts are just silly high school stuff, I lost 20mins I will never get back.
AVB Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
