AEV 9.09% 1.0¢ avenira limited

http://hotcopper.com.au/announcements.asp?id=380321At this point...

  1. 306 Posts.
    http://hotcopper.com.au/announcements.asp?id=380321

    At this point it was trading at a 30% discount to cash and listed investments. It never converged on the intrinsic value until recently announcing an off take agreement by which the share price has jumped. One way in which MLM differed is that assets were split between cash and shares and as a result the value within the company is subject to change.
    Bigdig
 
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