AVB 0.00% 16.5¢ avanco resources limited

20% dilution, page-17

  1. 4,690 Posts.
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    Every one is talking positive about the finance, but is anybody thinking about the timing. The finance has been raised at a point where the shares have been trading at its lowest level. I sold mine around 7c mark and was hoping to buy back but will have to wait and see the deal now. Why would you not do a deal when the share price was trading well above this price, was it a ploy by some to push the price low so that they could pick up cheap shares. I don't think it is a good thing to dilute most when you are trading at near bottom. Time wil tell.
 
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