Avanti Communications Group - AVN Stream Log

In the interim statement, the company repeated that, in the longer term (presumably with Hylas 4 full), EBITDA would be $500m. Current debt is $520m, and there will be additional debt for Hylas 4 of $125m - so $645m in total. After the placing there are 136.3m shares in issue.

Prominent chartist's view is that Avanti is a Company that suffers very much from being in the sights of bear traders and hedge funds. However now sees upside towards 350 by end December.

Link may not be working. I have it at Ennismore European Smaller Companies Fund. Investor Newsletter for October - Issued 7th November. Ref is www.ennismorefunds.com/documents/OEIC/OEIC%20-%20Most%20Recent%20NL.pfd

Ennismore have given their opinion re Avanti at [link] No doubt this seeks to justify their short. Any views would be appreciated.

Source is the Castellain Capital Short Interest Tracker which has consistently shown 1.2% short and is now showing no information for Avanti. This may simply be that the site is down over the Easter break. Any clarification would be welcome

I think I mean 0.5%

Ennismore seem to have disappeared from my radar tracking of their short position. This means they have either closed out or are now below 5%. can anyone confirm what must be good news?

Weather could be a prob with drones and balloons?

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