I am not that interested in what AEZ is worth now. I am interested in what it might be worth in the event of European economic recovery, if the company survives. The price of 3 cents presumes the company is insolvent, and I don't think that is the case as they continue to meet their obligations. Beyond that I have no information apart from the 24 cent NAV from the last disclosure. I can deduce certain things from the behaviour of their bankers, and I find those encouraging.
I am in this to either loose my money or make a multiple of ten (and some). My approach is to bet only what I am prepared to loose and to be patient.
Good luck.
AEZ Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
