AVB 0.00% 16.5¢ avanco resources limited

quiet open, page-14

  1. 1,362 Posts.
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    The question remains

    What is avbs fair value

    So let's look at cash

    Approx 22 million at the moment

    They have approx 140 million shares on the books

    So looking at that excluding the leases and although have potiental yet to be confirmed

    I calculate the cash alone is 15.7 c

    so maybe 14.5 buys yesterday was a bargain

    Anything bought below that is a steal

    proven copper find plus the bonus I expect avanco to double from at least 16c

    correct me if I am wrong
 
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Currently unlisted public company.

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