AVB 0.00% 16.5¢ avanco resources limited

corporate greed

  1. 3,103 Posts.
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    Please note I do not currently hold. And I have no intention of buying.

    I did hold - bought at 5.4 and sold at 12 so was happy.

    Seeing Matthew Wood dump half his shares likes that makes me sick - I feel for current holders (especially the ones that got caught in the hype and paid over 20 cents).

    A quick 3 million bucks to cover "tax liabilities" - give me a break.

    These guys set up these little companies (MW would be involved with numerous - probably in the tens of companies), then pump the hell out of them and dump. It really is quite wrong - and the retail investors are left with the losses after they decide to dump.

    Some people make Gordon Gecko look like a saint.

    Good luck to holders - I think you will need some luck after that disgrace.
 
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