OTCPK:AVLRD - Post by User
Comment by
jrj90620on Jan 04, 2016 1:25pm
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Post# 24428069
RE:Dundee owns half the float!!
RE:Dundee owns half the float!!Not to mention that this is a combination of Avala and Dunav and they did a 1 for 10 reverse stock split,so each share should be worth 10 times previous value.I remember when one of their main mining engineers bought 1 million shares of Avala for .05 a share,before the reverse split.So,he paid .50 a share on current shares.This is like a huge leverage option.Hopefully,they just hang around until gold rises again.