Lets not forget there are a bunch of in the money AVBOB's waiting to be sold into the market.
I generally don't hold this for very long, its a great trading stock. My big issue from an investment view on Avanco is the capital structure, too many shares on issue, just shy of 950 million fully diluted.
10% of the issued volume traded back in mid OCT and we still never sustained a move above 11c.
I'm not saying the SP won't appreciate over time it may, when, who knows and to what price?
AVB Price at posting:
9.9¢ Sentiment: ST Sell Disclosure: Not Held
