If for any reason that doesn't happen (getting finance), then AVL's block of land may soon be a parking lot for TMT's equipment if they somehow get the $$ first with this new group in Colorado they've hooked up with.
The last thing you want as a stock holder is some company coming in with the money for a 51% equity stake, as well as some ridiculous off take guaranteeing them all the product at way under value. If someone gave you just a dollar for every time that bait and switch happens, you'd own this company!!
Well what a difference a day makes huh. Very very interesting news. Call me a skeptic, but I have a feeling those very guys I mentioned in Colorado (cough cough) are not accumulating shares for themselves (or someone else cough cough, I must have a cold) for the good of mum & pop Australian investors who have waited years to see some great returns on their investment. Could it go up short term?? Of course, and guess what, I dipped my toe in the water with a decent chunk at open. Will I stop calling it like I see it regardless of the share price??? Will I be in long term??? PROBABLY NOT!! But if I can make a few bucks in all the excitement, then why not have a lash.
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23 | 4369320 | 0.012 |
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Price($) | Vol. | No. |
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0.016 | 8324775 | 25 |
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