Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I have long been a critic of Avanti Communications (AVN) and although the shares have performed badly lately they could and should be trading a lot lower.
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Comments
Phil
I don’t know what it is about Avanti but it attracts losing shareholders like bees around a honey pot.
Like the old communist administrations, every time old Mao passed wind in the lift the Chinese issued a set of stamps in celebration, Avanti seem to have picked up the same habit, everything is thrown at that SP every time it farts, and a whole army of advisers and PR flunkies step up to the plate to ramp it, they must be billing the shareholders a fortune.
Avanti have always made a lot of noise, I expect them to get even louder the more the SP deteriorates, they wont want to lose this nice little earner, nor will Williams,
2+2=4
Where can you get a price for Avanti’s bonds?