AVB 0.00% 16.5¢ avanco resources limited

oversubscribed , page-11

  1. 3,760 Posts.
    retail shareholders didnt get a choice. willingness has nothing to do with.

    Good company but this stinks on ice.

    Why would you dilute the company 20% to advance 2nd and 3rd stages that could be self funded as well as handing out a 2% royalty forever.

    AVB directors are probably fantastic geologists. But I cant think that this transaction is optimal.
 
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