AWI 0.00% 0.0¢ australasian wealth investments limited.

Ann: Results Presentation, page-2

  1. 234 Posts.
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    From the preso:
    !   We do not see van Eyk Research playing a strategic role
    !   It is no longer our ambition or intention to move to control
    !   We are seeking to maximise value, by any means possible,
    from this passive investment

    I find it astounding that only after a year they come to this conclusion. They may end up losing $10m on a $13m investment!!!!

    Plus the cash situation - I can see another CR coming in the next 3m closer to when they need to pay the final instalment for Intelligent Investor.
 
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