I think just looking at numbers like that you could say, year start at 7.4 now 7 not very good. But we have to measure apples with apples and if you are in the sector, some would be happy to be with AVB. The funding has not been handled well in terms of result/communications to date, simple sliding down to now what looks like past the year end with some over simplistic language about the $30m terms sheets all done and a simple syndication of the balance was a bit of a broad brush, but then does the market fair any better with more complex details?
I have no absolute knowledge on this but I think they will be far better at mining than marketing, after this funding is in, building a mine is the only game in town, So I do hope I am right about the hands on building stage1.
I was a little surprised at it holding on such a bad day, if anything I wonder if we have a drilling or equipment update very soon, that would answer my question about the better performance given the days background.
AVB Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
