AVB avanco resources limited

Re how long it will consolidate; That of course is unknown, but...

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    Re how long it will consolidate; That of course is unknown, but with a turnover of over 15% of stock yeaterday a bit of a base is being formed.

    There will be a few profit takers and we might be in the range for a few days.

    I am looking at a 6 - 10 week trading period I think. Its story is nice, but that is purely subjective.

    The wider ASX market is a bit funny today; there is a degree of scepticism about whether the DOW will be able to maintain 10,000, which is a psychologically significant level. Thus far they are up 8 points, so whilst it is very early in the day, that is positive.

    I have, as it happens, picked up a few more today.

    Good luck.
 
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