AVB 0.00% 16.5¢ avanco resources limited

sp allocation , page-19

  1. 2,077 Posts.
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    Hi all

    an interesting piece in the Australians pure speculation this morning for the bears looking at the amount of oversubscribed cap raisings going on lately (thanks for the insight alnaz72) and the bulls with the low stockpiles on the LME and JP Morgans involvement.

    For the long termers casting our minds back to the previous cap raising with free options there was a greater degree of caution out there. It seems like a long time ago we were tossing up wether to take the free options
    to fund the drilling that produced the 50% copper results. Makes me wonder what the latest CR's output will produce?

    http://www.theaustralian.com.au/business/mining-energy/resources-market-frothy-with-flood-of-money-suggests-market-getting-ahead-of-itself/story-e6frg9ex-1225973568895
 
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