History tells us (having seen and researched dozens of "finance deals") that there is a price spike of anywhere between 50-400%. But it is all contextual: shares on offer, resource in the ground, conditions of finance, current global market momentum, future potential revenue streams, value proposition to large fundies, etc etc. So I'm not tempted to guess a price spike other than to say - it will be significant, and the risk profile of AVB will be significantly less. For those who are worried about only seeing a small rise might want to research the price history of AVB, you will see that the SP got to 11.5c on mining licence alone......so close your eyes and imagine what the following will do to the SP:
* finance finalised
* construction update
* PB resource upgrade
* off take awarded
* mine commissioned
* first profit announced.......
#backtowork
- Forums
- ASX - By Stock
- AVB
- Finance delay makes no sense
Finance delay makes no sense, page-50
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)