AVB 0.00% 16.5¢ avanco resources limited

why sell, page-9

  1. 239 Posts.
    As per my posts under no rerate thread, expectations have been built up so high here, that annoucements have to be phenomonal to break the wall posters talk about.

    With a diluted mkt cap around $95mil and reasonable cash flow from operations 3 to 5 years away you can see why the market wants big annoucements, a lot bigger than expected like todays relatively expected annoucement. With nearly 1bil shares on issue following dilution a 2c gain increases the mkt cap $20mil.

    IMO thats why that wall is so hard to break as AVB needs to be re-rated to a company worth over $100mil - $110mil today for no earnings to justify that mkt cap for 3 maybe 5 years. And a lot can go wrong in that time...This is why the risk averse holders like myself are selling..
 
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