AZL 0.00% 1.6¢ arizona lithium limited

do we have any hope?, page-11

  1. 6,010 Posts.
    Not that I hold any hope for ZYL, but sometimes going into voluntary liquidation is the best thing what can happen to a company.

    A good example is Crazy Joe's (not sure about the name) who went into voluntary liquidation 9 months ago or so with over 200 stores Australia-wide.

    The administrator seems to have turned this company around, with new stock appearing on the shelves, bigger catalogues etc.

    When I was in business I liked dealing with companies like this, because you knew you would be paid on time, every time.

    Quite a few companies have been in this situation before, but very few recover from it. In my opinion ZYL will go the same way as LAF did.

    Sad to see, so many lost money on this, most money ;ost might have been from Mal.

 
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