AZZ don't need shareholder approval on these deals that are certainly going through that will result in a $1.00+ share price, and a takeover of BBEP which will then also rocket off to giving us an implied $30 share price....
And yepp failing this, AZZ will be allowed to raise capital without meeting its continuous disclosure obligations.
But failing that, some bank will come and throw interest free money at us to help pay noteholders.
Ohhh failing that, the noteholders will just walk away from the money owed to them.
That's what you want to hear, isn't it.
Better chance of you winning a powerball tomorrow
AZZ Price at posting:
50.0¢ Sentiment: None Disclosure: Held