I think you're way off at £2.60. Williams predicted £21 per share initially and while we've taken a few knocks along the way, their business plan/targets remain the same. How long that will take is open to question. HOWEVER, I see the city waking up to the obvious success of this business any time soon, although I believe AVN will hold back the goodies until full listing. All in all I think his prediction is closer than yours, although in three years we may only be half way there.
With no news or prospect of substantive news a number of us fall to contemplating their navels in August. It always was the case that those who worked in the City or came within its spell knew that from the 2nd week in July until about the second week in September nothing happened... and nothing changes.
AVN is a good case of this: historically little or nothing happens in August. BUT the company now has a new Premier League Chairman so I predict that any significant good news going will not be released until the week before the full figures. If I were cynical I would further predict that in future good news will start being released when the shorters are in full cry. There is nothing like substantial £ losses to change ones view of the game.
On other chat rooms I see that an old friend has raised the issue of volcanic dust. Even my elementary appreciation of physics leads me to conclude that this is much more a problem for the likes of O3B than AVN. Just consider the heat of the sun at the North Pole and the Equator and transpose it into satellite signals... I know where I would rather have my satellite and its not very much lower that AVN.
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