Avanti Communications: Bull vs Bear
The communications policy of AIM listed satellite group Avanti Communications (AVN) is a shambles. That does not assist those of us who still believe in this company. Right now my old friend Lucian Miers, the Bard of the Boleyn, and my (struck off) accountant Simon Cawkwell (aka Evil Knievil) are short of the stock. Having first tipped the shares yonks ago at 116p I think that, at 279.5p the shares are remarkably cheap. But the bear case is worth examining. As such here goes…
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