I'm aware JW that their's outside influences affecting today markets.It's quite possible that TP is holding back the Ann's for another week or so, which may give the sp a greater spike,but still a market informed provides greater confidence with sh's as we move forward with AVB.
Maybe next time TP shouldn't guarantee "significant" or "regular" news flow & deliver very little Ann/updates..whilst the sp sinks deeper..
I personally consider management one of the three most important aspects of a Coy,prior to ticking off & investing in them.
Who can forget last year when every man & his dog here in Melbourne was given the tip that Karoon Gas (KAR) had made a "huge gas discovery" over in the Browse Basin.
Even the fella i sold my BBQ via Ebay had swung the bat & bought a large parcel of KAR shares..!!
Mind you the SP was steadily falling during this period leading up to the so called "Company Maker" Ann,but i was reassured by my close associate of a KAR board member,that all is well.
Even though my old man (77 yrs old) kept telling me that bells were ringing,due to the fact that every man on the street had been given the tip..
As we all know the Ann was a dud & the old wise head of my old man,who has been investing all his life on the ASX was spot on..!!
I'm just telling as i see it..
Good luck to all
Cheers
Sheeza
AVB Price at posting:
8.6¢ Sentiment: Hold Disclosure: Held