AVA 0.00% 13.5¢ ava risk group limited

While I was not overly surprised by the downgrade, I am...

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  1. 7,982 Posts.
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    While I was not overly surprised by the downgrade, I am completely surprised by teh size of it. Max is now down from $23m to $14m.   What really annoys me is that expenses have not come down by anywhere near the same rate $26m to 22m.  Not saying one should equal the other but would have expected expenses to come down quite a bit more.   They knew this was coming and hence why we have seen no management or director buys.


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