AVB 0.00% 16.5¢ avanco resources limited

We have entered 5c. People laughed at me when I mentioned the...

  1. 11,699 Posts.
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    We have entered 5c. People laughed at me when I mentioned the 5's but now we are there unfortunately. Although I still have huge hopes for this stock long term I still think there are lower prices to be had and a massive chance to accumulate, possibly in the 4's. (Don't laugh).

    The reason I think it could go lower is basically the outcome from the AGM. It looks like the first major announcement will be End of Q1/start of Q2 2014. That is still a long way away and without any news and subsequent interest the SP is likely to continue to deteriorate.

    At those levels, this is a huge multi bagger for long termers.

    DYOR
 
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