Yes. Fairly precipitous falls on the oil market can't be helping the coy's capital raising in the background. Fortunately they achieved the minimum requirement for relisting so have some capital to work with and I imagine there would be some distressed assets around the place that mgmt would be eying. Mgmt have also been buying on-market at much higher prices, which is good to see. Will be interesting to see what the first qtr brings. The volumes that have taken price to the current state have been very small so it won't take much to get it back up to that 15-20c range but like all microcaps, AVD will need a break in the form of news flow or sentiment towards the sector it operates in.
Best of luck to all. Certainly one that I got wrong in 2014 but given it's a relativy small holding, not overly fussed.
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