AVB
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0.00% 16.5¢ avanco resources limited

agm presentation, page-42

  1. darkhorse72
    1,412 Posts.
    lightbulb Created with Sketch. 8
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    02/12/10
    18:06
    Post #: 7559774
    PT

    Unless I miscalculated AVB currently issued.

    AVB FPO = 606,346,087

    AVBO = 212,767,156
    "

    When I looked if the placement goes ahead it will be over 700m heads on the market plus the options. I haven't looked at when the options are due, but it does work its way towards 1b on issue at some stage, assuming no consolidation in the future.

    At this stage not a big concern, it just restricts the speed of SP movements.
    AVB Price at posting: 13.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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