Sellers are really starting to build at 13.5c - looks like market is expecting some short term weakness leading up to the share issue. I guess this is to be expected in the absence of positive news.
Only a short term dip IMO.
I know up-coming drilling results have been discussed here recently, and many think it will be several weeks before we get them, but what about the "strong news flow" on Trindade North? I was expecting this before Christmas.
This might save the share price from a further 1 - 2 cent fall.
AVB Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held