AVB has traction now, and has drawn the attention of the broader market - finally.
In my opinion.
I am not real good with DCF models so I have no idea what it is worth at the moment but if one puts ones emotions to the side (and the tendency to react like Pavlov's Dog) it is difficult to envisage a fall back to single digits.
Not with what was revealed in the Quarterly on production numbers...
And price of cu trend..
And forecast future demand from China et al..
And with what is happening in Indonesia and Chile.
AVB Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held