AVB 0.00% 16.5¢ avanco resources limited

shareholders miss out, page-15

  1. 13,667 Posts.
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    What I find amazing is all the thumbs up for the post. Many holders clearly have no clue or they are from non holders. IMO the SP would have been affected negatively if the raising was a SPP. There also would of been no certainty that 20 million would have been raised at that price. The SP was trading around 11 cents at the time and would have tested 10 cents if we went down the path of a SPP. The register would of been filled up with a lot more smaller holders looking for a quick buck. Im happy with the outcome.
 
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