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Very good post ken! Having said that,reading your view it's clear you lost trust in this company,as such selling was your right move,no doubt about it.as for others like myself choosing to hold,and add on the back of the big drop is still making sense....investing in a company with no income is always a risky choice,it can lead to many delays,dilution,and in the worst case to a today lost. BUT it could also be very rewarding....despite the recent disappointment I still think AVO strong team will come good, I think the worst is behind us,and the next batch of news will see us starting move to where we should be. ATB. Whatever.
Expecting to see a little drop on the back of a low volume,only to be followed by another huge buy transaction....classic game of stake building. As such the price will drop 1 step back only to follow by 2 steps forward...as always only IMHO. GLA.
Hi girl, you are probably right about today volume...as I thought and said last week,something was brewing,and it wasn't my tea(I am a coffee guy)... Today news is not earth shuttering but every little helps. Slowly but surely marching forward. ATB
Obviously not one to be happy with....YET,we already new about that outcome,only now AVO confirmed that they drew a line over that contract,and more important they will focus on the mission ahead. Another little set back but we have plenty of better news to come in the near future. GLA.
MrBBD, expecting the same ones that increased their holding recently to buy few more (you can see who they are on the recent holding RNS) ,but it could be some others as well, the big boys normally sniff good opportunities,and IMHO this is certainly a good one. ATB.
Few lessons folks should learn: Never buy on any spikes.the same applies trying to catch a falling knife. Don't blame the company,they not control share price,this is all done by the M/M,and it can be as punishing as rewarding. As for here,the price now is more or less double than the price prior to the contract win RNS, which is more than fair.