In the March edition of IM we wrote about how, after a collapse of its share price, Aveng was well down the road of right-sizing its business.
It had spent the past three years disposing of noncore assets, cutting costs and actively targeting its capital structure . With the share price trading at about 3c at the time we asked whether Aveng was the"ultimate penny stock punt"...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
That was inevitable after the government announced an infrastructure bill for the next 5 years.
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