Club Mulgoa

Monday, November 15, 2010

ABV

For a strange reason, I topped up at 1.7c in 2008 and recently in Aug 2010. When there was a share purchase plan, at the end of GFC, few people were interested in this company; it was only 0.6c, less than 1c.

If you listen to the CEO presenting in brr.com.au, you will find the future rather rosy and... it has started to make a PROFIT. Be aware that this is a one product company. I have made 100% paper profit on it and looking forward to a dividend in a couple of years' time.

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