I stand by my statement that any ASX listed company shouldn't go months on end to provide any kind of tangible update on how the business is faring.
Just because they are only 'required' to report half-yearly, absolute radio-silence on how things are progressing from month to month does more to kill a stock's share price than anything other than obviously-negative news.
It conveys the impression the company is sitting around with millions of dollars of shareholders' money and not accomplishing anything (even if that's not the case).
AVA Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held
