AVG 0.00% 16.5¢ australian vintage ltd

Ann: Suspension from Official Quotation, page-15

  1. fup
    1,121 Posts.
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    you guys are going to have a hard time going after the auditor or the company. the company can't control a rapid drop off in demand for wine nor can it quickly unwind its leases and production to reduce costs. unfortuinately just another case of a good product with average managers that leveraged too much into higher rates and falling demand. depending on who they get in to replace the CEO it still has potential for turnaround, and there is always some residual value in the brands.
 
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