TAL talius group limited

independant valuation of avd, page-9

  1. 10,123 Posts.
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    The RM Capital valuation last year was a paid report by AVD. That is why it didn't carry much credibility.

    The current valuation by W D Von Gonten & Co was commissioned by AVD and not Sterling Bank. The announcement stated that the Bank uses them for valuations (very clever by AVD - it is easy to assume that the Bank ordered the valuation). Therefore based on Lassiters argument you can only take this valuation with a grain of salt as well.

    No news on the rights issue - its probably hard to get an auditor to sign off on a prospectus.

 
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