AVL 7.69% 1.4¢ australian vanadium limited

They don't go to zero because they have cash and go into 'care...

  1. 4,931 Posts.
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    They don't go to zero because they have cash and go into 'care and maintenance' mode. It's never in a board's interest to delist as it means no future salaries. There are at least 100 such zombie companies on the ASX today! I believe they are called 'shells'.

    It's just market cycles and the way the markets works. 


    But hey...what would I know? Listen to the spruikers that said 'keep buying'  all the way down.rolleyes.png

    Last edited by Hokusai: 26/12/18
 
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