Very Disappointing. I agree with your comments about 'not sated...

Very Disappointing. I agree with your comments about 'not sated about being right'.

AZG was a company that i desperately wanted to see generate some steady cash flows, I stuck with them for 6 months and sold out at a small dollar / 50% loss in Oct.

Not sure how long it will take for key contracts to start migrating to other more well finance service providers, but it seems inevitable.

Its unlikely that they are going to be able to increase margins... but its also equally unlikely that Westpac wouldn't roll over debt when they don't seem to have any 'hard assets' that Westpac can liquidate.

This will be an interesting scenario.

Possibility for a trade sale.