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PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Avanti Communications – The “Trading Update” and Expectations – Sell

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

Avanti Communications (AVN) is now officially my Victor Meldrew stock: “I just do not believe it!” Last week it served up a “contract win” announcement that was utterly incredible. Now for this, drowning in debt, needs to raise equity Company we turn to the mystery of the full year trading statement.

Back in 2013 the statement covering the 12 months to 30th June came out on 12th July and generally well run companies follow a fairly similar year in year out routine. But this is not a well-run company it is Avanti. So there was no trading statement.

Read the full article on ShareProphets | Comments
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