AVB 0.00% 16.5¢ avanco resources limited

Share price $0.053 vs Future cash flow value of $0.37, page-174

  1. 4,582 Posts.
    Cheers damosid88...

    A thumbs up from me for your post cos I found it entertaining.....

    A couple of points from me in reply as a former holder/trader of AVB....



    ....."AVB as a company changed emphatically for me in September 2014 when the former Chairman departed".....

    Yes,Indeed.....SP has fallen from Hi-11/Lo-10 Sept 22 2014 when Wood tendered his resignation to today's levels


    ......"That said, I also think the opportunities to trade this stock went out the door about the same time as Woods left".....

    Yep,Agreed....Vols dropped off since Wood left and the only real trade opportunity since then has been Jan - March this year when sp spikes have coincided with vol spikes from those exiting.


    ....."When the quarterly comes out end of July it will confirm to me the start of what I was told by some very senior mining people back in 2014 – these guys can execute (the AN mine build and operation, cash flow- they did it on their ear!)".....

    Agreed,but what has it done for the shareprice?...(Actually,the chart will tell you)


    ....."(ASIC could have a field day with investigating the trades and timing of HC posts of some on here I guarantee you)".....

    That comment belongs in the Humour Forum lol



    ....."Just needs to be a little perspective at times".....

    Agreed....Your perspective as a long term holder/believer is very valid and works for you...

    My perspective as a predominantly short term trader differs markedly.....But it works for me....I prefer to follow a "Corporate specialist"/entrepreneur such as Wood than a Co of "Mining specialists"

    I posted numerous times previously to "Sell when Wood sells" ....I took my own advice.

    And FWIW.....It's Wood NOT Woods

    Cheers all
 
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