Not alot or commentary on this thread , I guess it’s not a widely held stock . For those that are interested , the current SP action i believe represents an amazing risk /reward not only does it trade at a massive discount to NTA which comprises of hard assets including inventory , but the chances of a merger with accolade to form the second biggest wine company can not be understated. The synergies that will come out of such a merger are very significant for the smaller player being AVG.
one recent broker valuation is 67c and even that represents almost 100% upside
I have hit it hard and acquired 1 m shares over last week and a bit . It’s a high conviction pick for a high probability 30-50% return over 12 months with great downside protection
AVG Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)