No such thing as a stupid question mate. Only stupid people who think they are too good to answer them.
In terms of AVZ, it is very complicated to say the least. I am not across all the details and haven't checked for a while, however typically there could be a small percentage return of equity if ownership issues are partially resolved and/or the company is liquidated.
I personally don't trade companies outside of Tier 1 jurisdictions exactly for this reason as you never really know where the goalposts are or, in this case, they are removed entirely.
Every investor in the game long enough has had a situation like this arise. The important part is to limit your downside exposure and bet small. Risk / reward is not worth it.
Best of luck with your trading journey and be careful out there.
IMO DYOR
No such thing as a stupid question mate. Only stupid people who...
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Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $75.97M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.0¢ | 2.7¢ | $467.5K | 16.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2084888 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 335068 | 3 |
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| RDN (ASX) Chart |