The action will, in my humble opinion, be a reduction in the buy prices on a slide (fast or slow) towards the market view of AVW value, which is at the lowest possible level. What has changed to modify this view? Nothing.
Therefore the perceived value of these shares will remain at lowest possible level. $0.001.
i have a small but significant (to me) holding and would like the company to be successful, however smoke & mirrors is less than helpful.
My assumption, and limited experience in this space, is that the value of holding is about to be divided by any number between 1 and 20, but most probably at the higher end of that range.
I might sell, but who to? There are no buyers, and making anything more expensive rarely results in more buyers (a particular European car company’s Australian experiment in this space not withstanding).
Let the abuse / criticism begin, I can take it, and I truly hope I am wrong and my previous experiences with this strategy (fool’s errand) prove the exception.
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