Hi Rexless, I have followed this stock because of the...

Hi Rexless,

I have followed this stock because of the involvement of TP, SM and Scotty. The jockey, rather than the horse itself. As of very recently TP and SM are no longer Directors and Scotty is gone too. Pretty much together. "The Old Gang".

One theory is they have all departed happily to go hold hands together and concentrate on Avanco, where the real action is hotting up. Maybe so... but maybe not too. I simply don't know the real story.. and I hate not knowing things..

There is still quite some drilling to go at Azul to get it sorted... naturally. Then all that needs to be demonstrated as economic. One authority I read said that tin is in for a massive price rise...

Capital raising is hardly surprising. Probably several of those yet to come.

As for their other acquistions.. again, no idea.

I have had faith in AVB and been rewarded big time. I have had faith in AVY and have lost... a little only.. thankfully. It has been a tiny fun punt.

As for the $40k buyer... who really knows. Could be a friend of the company helping to underpin the 1.0c. Could be a smart investor. Could also be a lunatic.. they are not banned from trading.

Interesting that when Lotus was absorbed, the cash obtained was done at effectively 3.4c per share. So those who sold their cash for shares at 3.4c must be disconsolate. Unless they know something others don't.
In the end you make up your own mind. How much risk do you want? On paper it could do amazing things.. sort of. As a fun punt, it may still have life.. probably has, but don't mortgage the family jewels for it I reckon.

I thought 4c and 3.4c was cheap when I bought then.. so don't listen to me. If I say 1.0c is cheap then don't be surprised if it is 0.5c the next day. Toss your own coin for a buy/sell decision.

Anyway, as of 10mins ago I am no longer a shareholder in AVY.... or rather Triumph. It has been FUN..... if unprofitable. PP