"On the verge" - Doesn't sound that far away. "acceptable outcome". That should mean a good deal for shareholders. I hold. My bet is that they have done a deal with a private equity group to take over some assets, reducing debt/equity ratio. This is what AEZ needs so investors can look to the future. Once investors know AEZ has a future the price will head north of 10 cents. Thoughts are welcome
APN Property Group is "Debt-free - well placed to make acquisitions in Europe but will deal with its frozen funds first."
APN is on the verge of negotiating an "acceptable outcome" for the debt-ridden APN European Retail Property Group.
AEZ Price at posting:
7.7¢ Sentiment: Hold Disclosure: Held