AVB 0.00% 16.5¢ avanco resources limited

vale deal and getting needed $12m part finance, page-10

  1. 4,669 Posts.
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    Hi Freehold...I noticed that you have been pushing that line about RXM being an AVB peer since RXM did their finance deal a few months back, and that the stock took off. I can appreciate and understand (at that time) why you expected AVB to do similarly after they had announced their own funding deal, but the reality is that AVB has not responded at all. Once again the AVB price is running out of puff as newsflow dries up (yet again). AVB looks like it had its annual spike early this year.

    Now...I am not writing that as a criticism of you, but I am saying that (respectfully) I don't agree AVB and RXM are peers. As a consequence nothing RXM does bodes well for anyone except RXM.

    RXM is doing much much better in the credibility stakes than this little tiddler, and it (AVB) better get that $12m soon 'cos the bank balance continues to dwindle....even though one or two posters here have been constantly assuring us since Feb/Mar that finance deals will be here "by mid year"; "in 4 weeks"; by end August etc etc blah blah blah..

    Clock is still ticking
 
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