AVB
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0.00% 16.5¢ avanco resources limited

Ann: Quarterly Cashflow Report-AVB.AX, page-31

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  1. happy Hippy
    5,651 Posts.
    lightbulb Created with Sketch. 45
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    30/07/16
    16:17
    Post #: 18407379
    Yep..pay from profit generated from AS and do a consolidation at the same time.
    Didn't OZL do one some time ago. 10 for 1 would have us around 60 cents with an attractive SOI of 240,000,000
    It can be argued it may deter shorters as well with the higher price per share making it a tad harder to borrow.
    Not that we have a shorting problem!!
    AVB Price at posting: 6.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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