AVB 0.00% 16.5¢ avanco resources limited

I will be interested to see if the Directors dip there hands...

  1. 131 Posts.
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    I will be interested to see if the Directors dip there hands into there pockets? I have been supporting this Company for nearly five years & have brought on market many times over that period. My first purchase was 13.5c & have averaged down to 9.1c so still sitting on a big loss. I like investing in Companies with Directors that have skin in the game, but only TP currently holds more shares than me?
    In fact, I would prefer the Directors to flag there sizable 12c Options (expiring 31st Dec) & use the equivalent amount of money to purchase any left over Entitlement that is not taken up. Why would they convert there Options @12c when they have a opportunity to buy 50% more shares & to support us now to go mining...

    IE, TP could purchase 45,000,000 shares (instead of converting 30,000,000 @ 12c)
    SM could purchase 30,000,000 shares (instead of 20,000,000)
    SF, WP & CJ could purchase 7,500,000 (instead of 5,000,000)
    LA could purchase 15,000,000 (instead of 10,000,000)
 
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Currently unlisted public company.

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