So imagine the difference in market perception once AVL is listed in Canada.
The easy ride and simple manipulation of AVL by Australian institutions will be ended.
Still a winning position for our institution market manipulaters - capitalising on the vulnerability of private shareholders.
Our institutions - now rich in AVL shareholdings - will no doubt unwind some of their holdings when Canada is one (just one!) of the catalysts to force AVL SP to proper higher levels, which reflect its true value.
Miningnut - a very substantial holder of AVL - has indicated that he will watch carefully after listing in Canada ready to reduce his holding if AVL SP goes beyond reasonable valuation.
AVL priced above its true value?
I would like to see that!!!
Tis very possible?
Watch for announcement regarding listing in Canada which should happen in January. With perhaps a name change. Listing to take place without undue delay.
Completion of stage 2 infrastructure in May - leading to doubling of profits thereafter.
