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AVB avanco resources limited

0.00%

16.5¢

Bell Potter Report - AVB, page-5

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Owenb79

3,232 Posts.

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20/09/14

13:00

Post #: 14004135
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Originally posted by Paul12 ↑

So currently BP value AVB at 15c. This means they think that 10.5c is a discount to their valuation of 30%. I hope that's not splitting hairs, but I think it's pretty significant, and currently reasonable. They are generally pretty conservative. Maybe the theory of giving investment houses time to digest information and then disseminate their advice to clients has some merit?

oops, sorry, meant

B)

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No paul they mean if the price hits their target of 15c sell.

AVB Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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Bell Potter Report - AVB, page-5

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