Australia's largest stock trading and investment forum Australia's #1 stock forum

AVB

Click for more information

0.00%

16.5¢ avanco resources limited

Like true gentlemen we shall agree to differ, why waste our time...

First 38 Last

Share
Profile

Follow
philh9

11,738 Posts.

580

06/05/16

18:54

Post #: 17699408
Share

Originally posted by Awoonga ↑

Your first line says it all. If that was exactly true then why doesn't the AVB share price currently reflect your optimism?

Looking at each in detail then we have to look at,

Cash position will reduce by $5 million in Q2 with no predicted revenue at this stage.

No definitive cash flow positive predictions yet.

Solvency ? That depends on cash flow which we don't know for certain how that will pan out over the next two years.

Cashed up backers? Let's see how much cash they have for PB instead of another round of CR discounted shares.

Expand

Like true gentlemen we shall agree to differ, why waste our time back and forth.

I must away now.
Cheers
Phil.

AVB Price at posting: 7.0¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 34 more messages in this thread...

First 38 Last

Add AVB (ASX) to my watchlist