AVB 0.00% 16.5¢ avanco resources limited

expect signif support @ 6.7 & 7.6 retest soon, page-33

  1. 411 Posts.
    Blowhole - take a look at production numbers then look at potential EPS and then factor in industry peers then you might see a different picture
    If we take a NPAT of say 50 million divided by 1 billion shares gives us EPS OF 5c /Share x PE of 0.08c = $0.40c share- at some stage in their life cycle that number will be realistically achieved- if so lets assume its trading at 40c 2 years from now then we are all looking at 571% return and if your trading AVB, that wont make sence to you...LOL

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