I’m in at average of $1.91. My first purchases were at $2.04, $2.09. Then the govt gave me $10k Covid money that I used on Avn at $1.67. I’m pretty happy with that choice. Those ten percent annual divs are nice I agree.
Like old mate, I regret not selling at $3.60 or above. I plan to sell once it gets up a bit. I don’t really like the sound of the new mob running the operation. It feels a bit like we got sold down the river. Not a good investment reason I concede, but I’m not a good investor so there’s that. There was a article in a recent Weekend Australian that looked into this deal, and it didn’t read real well either. The management rights games read like a bit of a double boned rort.
AVN Price at posting:
$3.28 Sentiment: Sell Disclosure: Held