AVB 0.00% 16.5¢ avanco resources limited

suspension, page-8

  1. 4,664 Posts.
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    Hi delta,

    No mate. It will be what they said it will be - an exploration update.

    I honestly don't have any exciting insights, or otherwise at this stage. I just view the whole think as nothing other than normal behaviour by a junior explorer.

    AVB management are doing the right thing - merely asking for a halt until they can piece together the news and present it to the market in an orderly fashion. This is the appropriate way to do such things especially when you are a small stock that has been subject to wild price fluctuations in the past - both pre- and post-announcements. And so, I just think management are being prudent in this instance - rather than leave themselves open to any criticisms if - say - the share price were to have run up on the whiff of some news on the horizon.
 
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