AIS 3.03% 17.0¢ aeris resources limited

Ann: CORPORATE UPDATE AND FY24 GUIDANCE, page-99

  1. 19 Posts.
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    Utter incompetence by management.

    The issues at Jaguar, and their impact on cashflow were known months in advance. The subsequent exorbitant finance arrangement agreed with WHSP only further reinforces the fact that AIS is being mismanaged.

    As i shareholder, I have no confidence in management and their ability to run the company.

    On top of that , it’s beggars belief that following such a horrendous announcement , a genius decision was made to recommence trading mid yesterday afternoon , as opposed to Thursday morning. Talk about a double whammy!
 
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