Don't post here much, sitting on the sidelines but still reading online whilst the sh!tshow has been going on for almost a year.
Having read the article, the title is actually more alarmist than the contents. The BOD did its job and went through the right motions bringing in a reputable and established legal firm to make sure that the consultancy fee was above board and contract was free of red flags. Of all of Tom Richardson's articles on AVZ, I find this one the more presumptuous in trying to find nefarious dealings.
That being said, Tom Richardson is a journalist and thus governed by journalistic standards and accountable to an editor. The hate and vitriol directed at him and other posters such as @h00ts has been cringeworthy to read. For the most part as sad it is for me to admit they have been mostly right. I understand the psychology behind it from posters, but blind faith is not a prudent investing strategy. The truth is always somewhere in between.
Best of luck to all holders. Hoping that the market reopens for AVZ so that each shareholder has a say in what happens to their capital.
AVZ Price at posting:
78.0¢ Sentiment: Hold Disclosure: Held
