the trading halt imo is to do with the rbs working capital facility. 19th may it started for 6 months. it finishes 19th Nov. In the May announcement it states aez can apply for an extension for 6 more months , from 19th Nov to 19 may 2011. providing they have done all they can, RBS "should extend". RBS , i wouldnt think would want to rock the boat any further , than what Europe is already going thru. In my conversations with AEZ they have 90% occupancy and rents coming in, its really the valuations that are the concern (which in time should head northwards) Hopefully RBS will continue to support aez.
AEZ Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held