AWN 2.27% 90.0¢ awn holdings limited

Ann: AGM - Executive Chairman's Presentation, page-2

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  1. 29 Posts.
    Again, no news... 12+ months with no action

    Only point of note is Chin has converted 85% of reserves into USD??? Strange considering the likely transaction costs involved plus the speculative nature of such a move

    They have been talking of "qualified pipeline" for 12+ months with no action

    The next big payoff realistically is at least 3+ years from next acquisition date, all the while they continue to burn cash with another EBIT loss of $3m, the only (small) operational asset continues to regress and the Intueri holding value continues to fall

    Not sure how the 0.77 NTA per share was calculated?
 
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