AVB
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0.00% 16.5¢ avanco resources limited

vale sells, page-4

  1. ajostu
    2,648 Posts.
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    04/09/12
    20:42
    Post #: 10669958
    My guess is Vale have decided they're in the iron ore biz, not the shipping fleet management biz, and have outsourced to a cheaper and/or more experienced supplier.

    There may be some sweet international tax deals involved too.

    Effect on AVB: neutral.
    AVB Price at posting: 6.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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