CAV 0.00% 0.4¢ carnavale resources limited

Yep you would be wrong I've already answered this See below AVZ...

  1. 22,120 Posts.
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    Yep you would be wrong I've already answered this

    See below



    AVZ had 720m shares and about $2m in cash so EV would be about the same at similar levels of 1.2-1.6 pre deal

    Post deal they've issued about 1Billion+ shares for the acquistion and raisings and no consolidation as it's just not his style and so far stock has 3-4 bagged from lows




    It will all come down to the quality of the acquisition as to how high CAV goes
 
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