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Buy Avanti Communications (AVN): Above 280p Targets 360p Plus

By Zak Mir | Thursday 11 April 2013


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


To say the least there has been something of a two way pull on the fundamental side as far as Avanti Communication is concerned over the past year, with fans of the satellite broadband providing regarding it as go – go tech stock winner, while its all its detractors point to widened losses for the half year, lowered broker revenue forecasts and cash burn issues.



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