AVB 0.00% 16.5¢ avanco resources limited

Hi I see that net profit for the last quarter was under $2m. The...

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    Hi I see that net profit for the last quarter was under $2m.

    The company says it was due to strengthening BRL and that cost saving initiatives were being considered.

    Is AVB as sensitive to the BRL as last quarter makes out, or am I missing something?
 
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Currently unlisted public company.

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