AVB avanco resources limited

takeover??, page-21

  1. 2,057 Posts.
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    If this is a disaster, it would have caught everyone by surprise. Mgmt, BR glencore the works.

    If this is exceptional news, I think BR and mgmt both saw it coming,as was it a coincidence that BR participated in a substanital CR after looking at our stage1/2 prospects and agreeing on a loan/royalty deal hmmmm makes you think. Also mgmt buying shares recently hmmmm.

    I think it could be either, but these things happening in the space of 2-3 months tells me, this might not be unexpected to the big boys. Follow the smart money, and the smart money was buying in @ 7.5c and 6 ish, whilst in a downward trend.

    Unexpected to mums and dads this suspension is (sounds like Yoda haha) but I would say BR and Glencore saw this coming, and jumped in at a fortuitous time.

    JIMHO.

    GL all
 
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