AVASA shareholders are advised that AVASA`s earnings and headline earnings per share are expected to decline from earnings of 0.39 cents per share for the year ended 31 August 2003 to a loss in the region of 2.65 cents per share for the year ended 31 August 2004. The decrease is largely attributable to the decrease in the share price of Sage Ltd during the year ended 31 August 2004.
Shareholders are referred to the cautionary announcement dated 19 July 2004, renewed on 18 August 2004, where shareholders were advised that AVASA was in negotiations which, if successfully concluded, may have had a material effect on the price of AVASA`s securities. The negotiations have been discontinued and caution is no longer required to be exercised when dealing in AVASA shares.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
