AVO
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0.00% $3.30 avoca resources limited

sell down on risk -upside post merger

  1. sirsenor
    502 Posts.
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    29/01/11
    17:18
    Post #: 7808917
    People are selling down as it is unclear what will happen when the merger happens, i.e. what will the new entity do on open.

    People will buy back into this when the new entity is trading. could see a quick gain then.

    SS
    AVO Price at posting: $2.85 Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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