Hi JJJ
Pretty sure that that's the game being played but it can only be done so many times and I think shareholders and the market are probably getting a bit cynical about it. They are getting to the point where they need actual results and progress to move the SP. Hype and pumping nearly exhausted IMO. It's all very quiet and not much happening.
It will be interesting to see what happens in the meantime over at MNM.
Very familiar series of events over there.
1. board shake up and replaced
2. New management
3. Financial restructure
4 . Big number of shares on issue with a 1 to 2 cent price
5. Current assets put into C&M
6. Old historical mine/resource resurrected and packaged up as a company maker.
7. They love doing Capital Raisings.
- The new Board is chaired by Our Chairman.
- The other new boardmenber Ian King is the founder of BBB Capital which is a top 20 holder in AVQ. He was also heavily involved in Yellow Brick Road securities where RM was.
- and RM is a substantial shareholder with around 8 or 9% of the company.
IMO that's not a casual investment when the management/ board is swept away and replaced with people that are obviously all connected IMO.
Has the game moved on?
Is there a big picture plan with these two companies ?
Since we get no information flow whatsoever from the company regarding anything that it's doing we are left to speculate.
and lose patience.
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