Things are looking up for Aveng
Decided to do some digging today after these McConnell announcement , it seems action has been taking place in Australia and less in South Africa for Aveng
Most of the old guard at Moolmans removed
Sale of McConnell Dowell Warehouse for about R87mln
Just a question if anyone has an answer, what happened to execution of Special resolution 1: General authority to repurchase shares? 99% vote in favour was received last AGM and valid for 15months and would have cost them much less to reduce (3Bln) the number of shares.
FY results coming up in August if Management can pull this off, it would be one of the great turnaround stories if holding from 2-3 cents