TAL talius group limited
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The independent valuers report appears to value AVD at about a...

  1. Lefevre
    10,123 Posts.
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    27/05/08
    12:20
    Post #: 3771704
    The independent valuers report appears to value AVD at about a quarter of what it was valued at about a year ago.

    The company has too much debt and didn't have enough substance behind it when it floated. The directors got too many shares for free.

    The only people who will take up the rights issue are the directors and lasseter.

    No wonder the sp is where it is.
    AVD Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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7.3¢ 		Change
0.000(0.00%) 		Mkt cap ! $20.93M
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7.3¢ 7.3¢ 7.3¢ $4.344K 59.50K

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7.4¢ 90000 1
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