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

Tom Winnifrith
Saturday 12 July 2014

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.

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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