Not long?, I remember waiting for a promised announcements from Directors of AVB by end quarter previously. In my opinion given the requirement of continuous disclosure, Directors fall in breach, if they fail to brief the market the second they know that they are not going to secure the required result within the publicized time frame. Given the history and given the ASX policing body hasn't given them a wrap over the knuckles in the past, I would have little faith in an announcement happening at any time with this company.
One can only look at the resource, look at the sovereign risk, look at the shareholders register which in some ways underwrites cash flow going forward, and look at the milestones and take a speculative punt on the outcome over time.
All IMHO and each to there own. Not saying I would appreciate the board to up the anti on communication, simply part of running a better company.
AVB Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held
