I really hope a company turnaround is possible, although I'm unsure how many groups would be willing to contribute to YACR (yet another capital raising), which will be required again in future.
Fundamentally I disagree. I think a lot of luck is your own making. I also think that paying management exorbitant fees without fairly sharing risk/reward is a terrible way to treat shareholders.
I mean why should management be paid the way they do when all shareholders see is a declining shareprice (ie. Years and years of decline, not simply 'one year') and results that do nothing to stimulate market interest?
Totally unfair IMHO. I won't be investing another cent until things change.
AZS Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held