AYG 0.00% 10.0¢ axxis technology group ltd

Ann: Half Yearly Report and Accounts , page-2

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  1. 2,806 Posts.
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    is my purchase on 28th at 006 looking OK?
    maybe not.
    whilst it is comforting to know that Kazacos is supporting the company with loan funds and an underwritten rights issue ..it is at what price ?
    and how can things go so horribly bad in the 10 weeks since the dec 2010 update..necessitating the $11m writeoff
    I gave kaz 2 out of 10 for strategy execution ..i was too generous. so was the Linwar analyst who wrote the naive research report in August 2010 valuing the stock at 3 cents
    much work to do for all concerned
    worried Rosencrap
 
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