AVB 0.00% 16.5¢ avanco resources limited

Copper price, page-22

  1. 6,689 Posts.
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    Phil,

    My strategy is to diversify. At the moment I have $78,000 still invested in AVB showing a $8000 loss. As I see new opportunities I will downsize my AVB holding to invest in these opportunities or if AVB get's above break even in the meantime I will downsize AVB regardless until I have a more even portfolio.

    Hence the reason I hold but have a sentiment as none. I can not see any logical reason to be solely or predominantly invested in AVB not now or likely into the future.

    I have made some losses in other investments too but the wins are much larger. Even though I have taken a hit selling my AVB shares for a car and other stocks, I feel much better now that I am making money for the first time since first buying AVB shares at 11.5c back in 2012 and sticking with AVB for 3 and 1/2 years.
 
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