yes it is a risk reward play. I think the reward will be there however still some time off.
Personally I am trying to decide whether to utilise funds in others where rewards appear more imminent
Might leave it one more week to see what unfolds. All the info is out there now so a definite trend one way or another should formulate. With Orbis being there and increasing their holding they are not going to let it fall down.
I also take some comfort in that whilst ability to service is clearly evident why would a lender foreclose and think they can do a better job of disposal than the company. Surely it would be in everyones interest to work together although the lenders may be under funding pressures of their own.
Apart from the debt issues this thing must have the lowest P/E in Aus.
AEZ Price at posting:
5.3¢ Sentiment: Hold Disclosure: Held