AVO avoca resources limited
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pala investments

  1. dynofish
    4,100 Posts.
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    22/01/07
    10:02
    Post #: 2128704
    Todays anmnouncement welcomes Pala Investments as a 13.3% shareholding acquired from Goldfields at $1.32. About a $26m investment.

    Pala Investments is a newly floated private equity/hedge fund with a $900m bankroll. Good vote of onfidence in AVO and one must really sit up and take notice in relation to the "value proposition" that this investor sees. Watch for appreciation...also one wonders how passive Pala will be. Former Goldman Exec as CEO/CIO.

    regards
    DF
    AVO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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