AVM
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3.85% 2.5¢ advance metals limited

what the, page-8

  1. SurferStu
    512 Posts.
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    29/05/06
    15:49
    Post #: 1592080
    re: what a joke... I agree Cass.

    Any predator would look at AVM. Realise that future earnings will almost cover capital project requirements. Therefore buy a controlling interest. Use the existing $100m capital to offset the purchase costs and fund whatever other projects the predator has in the pipeline.

    Or... I could be missing something?

    You're right - we're a bit exposed. The only other thing the predator would have to do is keep Bill on - very large amount of 'Goodwill' there.
    AVM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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