Hi Koala1959 trust u are well
Make no mistake...if AUZ fail to obtain finance come June 30th 2022 there will be other chances...June 30 dead line will not be their last chance...
I'm certainly not saying the shareprice will put smiles on current auz shareholders faces but to say this is auz last chance is not correct..ie a massive fall in shareprice dosnt equate to a company going broke...
taking into account if auz fail on the finance June 30... BB and co still get paid well...and let's face it most people in that position would think that worth protecting ...I'm not saying that's how BB would look at it as I'm not BB but a lot of people if in that position would think to protect that money coming in I would have thought
if auz do fail June 30 finance in my opinion the faithful auz holders will more than likely get the opportunity to average down and or get a chance to off set profits from other trades with an auz tax deduction via their auz losses..
Companies can carry on in this manner for years make no mistake
in any event finance could come and make current shareholders very rich...
maybe someone should start up a new thread that discusses any leading indicators that would suggest finance will or will not be achieved come June 30...would be good to highlight within those dicussion which are internal and external to auz themselves just to keep the conversation realistic..
after all finance is looking to be the only thing at the moment that will lift auz poor performing shareprice...
dyor...just my opinion and never advice
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