re: pe ratios and blue sky - from rosco
Let's hope that they haven't done any hedging yet-I don't want to see any ugly things like that in the quarterly without prior warning-companies this size have an obligation to inform shareholders as soon as they do any hedging IMO and not six weeks later-I must admit that the time between announcements with AVL is starting to play on my nerves.No Chairman's address,no CEO AGM presentation & they didn't even bother to tell us the result of the resolutions put to the AGM(this is actually compulsory under ASX rules),no confirmation of drawdown of Stage11 funding,no announcement that they've issued 5mil options to RMB as part of that funding-I'll just bite my lip and wait and wait some more.
