At 4 cents AVD will have a market cap of 18M with 6-7M cash at hand and an EV of 12M after the conversion of options, not impossible but very handsome return from current level of 1 C and even better return for the options AVDOA.
It is good to see that there is nothing much on offer today, heads or options. Holders are not letting them go cheap.
The order quos of PXR look funny as well with such a difference between the buy and the sell is more than 15 ticks.
It is looking good!
At 4 cents AVD will have a market cap of 18M with 6-7M cash at...
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