AVG 3.13% 16.5¢ australian vintage ltd

a small reprieve from NAB to give AVG some breathing room....

  1. fup
    1,109 Posts.
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    a small reprieve from NAB to give AVG some breathing room. unfortunately those relying on buying at x% of NTA for their safety net may quickly realise how fictitious accounting numbers can be when faced with the real world. this turnaround is definitely dependent on getting some very skilled people on board and (hopefully) a pick up in the wine market. otherwise they may just be back looking for more capital in a year's time. by then private equity would picking at the bones of what's left.
 
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