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Avanti Communications – Contract win: puff, puff, huff, puff – sell target is 100p

Tom Winnifrith
Sunday 10 August 2014

Drowning in debt Avanti Communications (AVN) needs to get both another bond issue and an equity issue away in the next year to keep going. It has just issued a profits warning. Its accounts in recent years have raised almost as many red flags as Arthur Scargill and so what to do? Yes…announce another contract win.

And so the PR spin goes. Avanti has announced

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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