AVB 0.00% 16.5¢ avanco resources limited

Ann: $20 Million Placement Closed Oversubscribed , page-4

  1. 24,192 Posts.
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    re: Ann: $20 Million Placement Closed Oversub... Yes,.. if you had any doubts about the desirability of this stock then think no more.

    The big and "smart" money (sophisticated & institutions) have voted with their subscriptions to the raising...They want in... and in a big way... Those having missed out on the raising will now, I expect, be wanting to take positions... If it drops to 10c they will swarm in on mass.

    Based on this I think we may not go as low as 10c ...if it does it may only be touched breifly.
 
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