AVB 0.00% 16.5¢ avanco resources limited

Ann: Change in substantial holding from OZL, page-139

  1. 274 Posts.
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    volume yesterday surprised me, and i sold a large chunk of my holding (i was never a huge owner but not a minnow either). I would have pulled the sell if i was watching close enough to see the volume going through as i was right at the end of the 17.5c queue but you dont go broke selling for profit (particularly 120% profit).

    Some of the profits will most likely go into OZL when the dust settles, they are a good company (even if very conservative) and it is not their fault the AVB board accepted their offer. Just a great piece of business for OZL. Of course i may buy back into AVB if there I see an opportunity. It will be good to see where the dominoes lye when everything settles down.
 
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