Spacenews.com

3384 days ago

Avanti Communications – Statement Needed NOW! Shares are a sell BTW

Both Lucian Miers and myself are pretty bearish on Avanti Communications (AVN) on fundamentals as explained HERE by me and HERE by the Bard of the Boleyn. I’m pretty sure that after results on the 5th February, analysts will again reach for their red pens as forecasts are once again missed or fudged. The company is drowning in debt. But reports in that must read publication Spacenews.com suggest there is perhaps a major "problemo" with Hylas 3 and an RNS is needed NOW.

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