From the preso: ! We do not see van Eyk Research playing a strategic role ! It is no longer our ambition or intention to move to control ! We are seeking to maximise value, by any means possible, from this passive investment
I find it astounding that only after a year they come to this conclusion. They may end up losing $10m on a $13m investment!!!!
Plus the cash situation - I can see another CR coming in the next 3m closer to when they need to pay the final instalment for Intelligent Investor.
AWI Price at posting:
29.0¢ Sentiment: Sell Disclosure: Not Held