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Avanti shares slip despite another ramptastic RNS - Emperor Williams New Clothes called out!

Tom Winnifrith
Sunday 13 March 2016

Historically the pattern with Avanti Communications (AVN) has been it is asked an awkward question like how much business do you do with ISIS? Or why is it that your 2015 joke accounts are being looked at by the FRC? Or, if your bonds are junk rated when do you go bust? Its shares tumble. Then it announces a new ramptastic contract win either of an unspecified amount or for many years in the future. Its shares bounce but then fade and slump when the next question is fired over.

Each time the bounce after the ramptastic RNS signed off by Emperor CEO David Williams is that little bit smaller as fewer and fewer folk accept that his new Clothes are really that impressive.

Friday saw a first.

on ShareProphets | Comments
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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