AVE 16.7% 0.3¢ avecho biotechnology limited

It's also good news on several fronts. Firstly, how pleasant to...

  1. 235 Posts.
    It's also good news on several fronts. Firstly, how pleasant to see a CEO owning 5m shares. If Esra doesn't know what's coming up, nobody will.

    Assuming some of those Nominee companies don't accept the first offer that will make them a small profit, and that could be a dangerous assumption (I don't trust the instos as far as I could throw them) the Top 20 holders hold a clear majority of shares and have an unassailable blocking stake, which means we are not left in the hands of the day traders and general opportunists.

    I suspect you could add another 5-10 million owned by the regulars in this forum as well, and they are certainly not going to give anything away. I know my holding is not for sale under $5 at this stage.

    I go through The Doubts occasionally, but when I sit down and do the sums again, I remain convinced this is as close to a no-risk situation as I've ever seen for a stock with such potentially high rewards.

    Good luck to all holder, even the bloody daytraders. I don't want to suffer from irrational exuberance, but I suspect my long term time frame needs to be moved forward.

    Roll on the AGM!

 
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