AVZ 0.00% 78.0¢ avz minerals limited

Ann: Recapitalisation program and exploration dev, page-5

  1. 2,143 Posts.
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    re: Ann: Recapitalisation program and explora... New Investor, G Steinepreis..

    I am not sure if this is good for the company. Ascent Capital are notorious IMO of only in for a quick dollar and not the long term best interest of the company.
    They are well known for pump + dump and then go quiet. They have quite a few investments in a number of companies how ever very few achieve success.

    There is one thing for certain and that is the SP will go for a run at some time. Announcements will be full of positive news and will attract a lot of attention. Mr Steinepreis has a big following when he gets the ball rolling.

    Lets hope he does something soon so we can put more than just ham on the XMAS table.

    Looking forward to the views of others.

    IMO it is time to top up if Ascent join the board.
 
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