1. Upside risk versus downside risk was very compelling for me in my original decision to buy, even more so since the recent capital raising and drilling plans.
2. I haven't met management so who am I to judge, but from the outside looking in, my opinion is that the management team is good and evolving and developing in the right direction(s).
If I were to offer my top 3 reasons not to be in this stock they would probably be: 1. Stay away from the market altogether 2. Invest (or speculate) in your own ability, not someone else's 3. I can't drive or walk past this investment and I'm not likely to be flying there any time soon.
At this stage I'm planning to hold for two years and make a decision what to do after that time is up.
Just my reasons, opinions and observations but please do your own research and don't make any important decisions based on my very part-time research and instinctive approach.
AVB Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
