Mispricing is an understatement. Let's not bring the 1.2 million ounces of gold into this. I don't know how to value this and there are issues around it at the moment but could add 1 billion MC to AVB. I will leave it to someone else. This company has close to one million tonnes of copper and is in production so when compared to Sandfire should have an MC of at least 1 billion AUD or around 40 cents a share. How on earth was the share price manipulated down to 7 cents in the first place so a bid could be lobbed at around 17 cents? Sadly we have a financial system that is not working too well for the little guy. CBA and AMP are examples at the moment.
AVB Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
