AVB avanco resources limited

share price vs value , page-8

  1. 11,971 Posts.
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    I took the price from the notice where Xstrata Canada transferred the shares to Xstrata Holdings. That was the only announcement that I know of that actually attributed a $value to the shares. Prior to that it was just the tenement so the price would vary depending on how much you thought the tenement was worth.

    Doesn't matter really - the important bit is that Xstrata have a 15% stake and despite what the detractors say, they wouldn't have done that if they thought AVB was a dog. It's a definite vote of confidence imo.
 
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