"So this guy has had a longstanding relationship with AVB - been with the company since the beginning. Good stuff."
Good stuff?...Really?...I would be concerned if someone had been with a company 5 years and the company was hardly out of the starting gate.
Mr Azevedo has also been an executive director of Avenue Resources for almost a year and the stock sits at a 52 week low
I have no doubt he is a capable person but this whole notion that people won't sit on a Board unless they are sure etc is a lot of bull. For me, it's just another " feel good" potion for shareholders looking to reassure themselves.
AVB Price at posting:
7.6¢ Sentiment: LT Sell Disclosure: Held