AVB 0.00% 16.5¢ avanco resources limited

firm commitments, page-3

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    I can only think that if they "AVB" tell porky's about firm commitments it is going to have a severe backlash.

    DEFINITION OF 'FIRM COMMITMENT'

    1. A lending institution's promise to enter into a loan agreement with a specific entity within a certain period of time.

    2. An underwriter's agreement to assume all inventory risk and purchase all securities directly from the issuer for sale to the public at the price specified.
    Last edited by lecram: 21/06/15
 
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