"In the meantime, we grin and bear it." William I agree. I refer to Eire's post on an earlier thread - "At 10% market share based on a $13 billion TAM I estimate we would have a market cap (USD) of approximately 9 to 13 billion $ depending on SOI and gross margin achieved." We need the additional capital to get the result. A $30m cap raise oversubscribed by $10m indicates that some sophisticated investors see an opportunity here. Whether they see a quick $ or are in long term will become evident with the market after the new shares are issued. I probably sound like a cracked record but Buffet's advice still resounds - "the stock market is a vehicle for transferring wealth from the impatient to the patient". I can bear it - not sure about the grinning.
AVR Price at posting:
$17.05 Sentiment: Buy Disclosure: Held
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