AVB 0.00% 16.5¢ avanco resources limited

How helpful is it to give 12-month predictions I'm not sure? All...

  1. 32 Posts.
    How helpful is it to give 12-month predictions I'm not sure?

    All of us will probably be wrong. Having said that, I've seen companies go from about $100M to over $1,000M market capitalisation over 1 to 2-year time frames enough times in the past to think that is quite possible for AVB given where it sits right now. That means about $1 per share, but much higher and much lower than $1 are still possible.

    The downside risk depends a lot on factors that are outside anyone's control. The broader market could hold a lot of companies like AVB back as it has in the recent past.

    One of the positives for AVB is that there are lots of potential upside risks. The chances of AVB going broke in the next 12 months are negligible in my opinion so there is scope for the upside risks to seriously take hold.

    The waiting is the hardest part. Be prepared for an interesting and sometimes a frustrating ride if you plan to hold and no doubt you need to do your own research before making any important decisions, especially if, as you say, you have a sizeable holding (or even if you have a small holding the outcome of which is important to you).
 
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.