AVB 0.00% 16.5¢ avanco resources limited

grinding 9.8 again , page-2

  1. 10,737 Posts.
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    Clever thinking, Glenn.

    I expect that AVB would have contingency plans for capital raising in case Vale doesn't pay early and in case they can't raise debt. Wouldn't that just be clever management - or actually just competent management? And having a Plan B and C doesn't necessarily mean that they will use those plans.

    However, knowing that there is a possibility of a capital raising would certainly keep the SP suppressed.

    So, following on from that logic, the sooner the issue is resolved (either through a raising or through obtaining other funding), the better.

    Anyone know if anyone covering AVB (ie Stock Resource, Pattersons, Bells) has been making comments about a CR being needed?

 
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