FalseBay: Is there really a big difference betwen a trading halt and a voluntary suspension requested by the company?
Anyway I still maintain a glimmer of hope that ABS will recover. It is fundamentally a straight-forward business with a solid target market and buckets of Government subsidy cash. Groves, Anthony and Atkinson through greed, inexperience and stupidity (think about their combined business experience pre ABS) really made it way more complex than it needed to be.
As someone once said: 'Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.'
I thought I had done this when I invested in ABS. Please, someone competent take over. It can't be rocket science!
ABS Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held