Poynton Stavrianou were appointed to raise funds for this mess, announced in the quarterly to raise capital for near term working capital and legal strategy requirements. This means the $11.7m in the bank is not going to be anywhere near enough to get a result.
John Poynton doesnt work for free, and this will be an expensive and dilutive financing. I think my number above of 1c a share is optimistic.
I wonder when the ASX will just delist this mess and save us the pain of looking at it.
Poynton Stavrianou were appointed to raise funds for this mess,...
Add AVZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.752B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| AVZ (ASX) Chart |
Day chart unavailable