AVB 0.00% 16.5¢ avanco resources limited

what?? continuous drop, page-2

  1. 3,760 Posts.
    Tony,

    All this news is now in the price.
    Many (many, many, many) here are going to disagree with me but that is fine. I'm quite enthusiastic about the potential of AVB.

    Significant de-risking event and significant dilution. "The Market" seems to have worked out the pricing. I mentioned on another thread I think there is a holding pattern of sorts at the moment or so it would seem. The shares wont issue now for another day or so. There is also no telling what at least some of the "sophisticated investors" will do once they are issued their stock (which they got at a handsome discount). I remain hopeful that none of this new "supply" (I have that VSA/Chartist terminology but there you have it) lands on the offer lines.

 
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