Armstrong Ventures (#AVP) invests £212.5k in MelodyVR via loan note
- 2016-01-14 00:27:29
“A big deal is on the way”, “heads of terms being agreed right now”, “contract to be signed in a week”, “the news will be massive”; these are just some of the rumours currently ricocheting round about AIM tiddler Armstrong Ventures (AVP). Priced at 0.0169p and with a modest 23billion shares in issue, Armstrong Ventures’ market cap is £3.9million. Putting money into a stock like this is the investment equivalent of playing with fire, but that doesn’t mean you can’t make a turn on it - so long as you dive for the exit at the right moment.
The present set up may be one that technical traders of shares of Armstrong Ventures (AVP) find attractive. This is something which is said in the aftermath of a rebound off the floor of a rising trend channel which can be drawn on the daily chart since as long ago as May last year, offering an achievable share price target.
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Allied Minds (ALM), Armstrong Ventures (AVP), Savannah Petroleum (SAVP).







