AVB 0.00% 16.5¢ avanco resources limited

market depth, page-17

  1. 1,537 Posts.
    Give me a time frame for your 8 cents Salty.

    And yes, there are companies with lots more shares on issue than 500 million. But that would mean that at 10 cents, AVB would have a market cap of $50 million DILUTED. Undiluted it is closer to $70 million.

    There is no way that AVB is worth that much right now, in the next 4 weeks or even in the next 4 months. Maybe mid 2011.

    Ralph
 
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