Great to see the Grim Reaper of the Resources sector Michael Kiernan has another company go down under his oh so impressive stewardship, AZC which appointed administrators last week.
What a CV, Monarch and Matilda both in tatters, TTY almost blown up but rescued at the last minute but delisted for months, a number of other totally crippled companies MZI, IRL and now AZC hits the wall.
Needless to say he still shoots his mouth off to anyone who can be bothered listening as if he is some guru. A guru on company demolition.
Of course his very good friend Bryan has the gig at AZC. What would Bryan have to do all day without MK train wrecking everything in sight and keeping him so occupied.
As usual ASIC wont bother doing anything.
SRE Price at posting:
17.6¢ Sentiment: None Disclosure: Not Held