My name is Tim Slattery, I'm the Fund Manager for AEZ - thanks for your email regarding the fund.
We recognise that the AEZ share price has moved significantly downwards in percentage terms since the close of trade on Friday (however the movement in simple dollar terms is less marked). I can confirm that we are continuing to comply with all of the ASX listing rules (which include rules which require immediate disclosure of price sensitive information except in certain limited circumstances).
We regularly review the Fund's performance and we are in the process of reviewing the full set of first quarter results. In the event that this review generates any material information, we will issue an update to the market (as is the normal method of ensuring all investors are kept up to date and receive information through the ASX simultaneously). In this regard, we're aware that the market is awaiting news on the outcome of the discussions with the Group's lenders on the conditional waiver referred to in our Full Year 2009 results presentation.
We will ensure that you receive a copy of any update as soon as it becomes available.
Thank you for your enquiry - I hope this has been helpful but should you wish to discuss the fund in any further detail please feel free to contact me on +613 8656 1031."
AEZ Price at posting:
7.8¢ Sentiment: LT Buy Disclosure: Held