Shorters, nervous investors, tired investors, people who want cash for Christmas or whatever, our price has been going down not up.
We were told that our recent CR at 7.5c was over-subscribed. I bet those who missed out aren't sorry now that our price is 23% below 7.5c.
So when and if do those who missed out take up the bargins on offer?
The clock is ticking towards the expected news flow. How long do they wait? I suppose that depends on how many shares they want. The larger the parcel they want the sooner they will need to strike to allow enough time to accumulate below 7.5c.
Some may want to wait for the news first to minimise risk.
One thing is almost certain, there will be a bottom to our share price sometime between now and February.
AVB Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
