ANW announcement dated 12/04/2018 - "Commencement of Granville (Level 2) Expansion Civil Works" Commencement of Granville (Level 2) Expansion Civil Works - (Appointment of Jemrock).
I agree with @mikesz - What possessed management of ANW to engage Jemrock when they were in the process of being wound-up???
So the company are trying to sell to us that the first they knew of ANY issues with Jemrock was at 1.27 p.m., on 04/03/2019?? Spare me please.
Management are playing us for fools. They should have seen the writing on the wall in the second half of 2018 and commenced taking steps to remedy the poor work of Jemrock.
And what of the 40 year veteran Operations Manager? Where was he during this period and why didn't he bring it to management attention that things were turning pear-shaped at Granville?
I still say - no shipments by 13th April - time to call that EGM and start holding management to account for their below-standard performance.
ANW Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held