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Bodhi_Tree

167 Posts.

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05/04/18

13:50

Post #: 32243365
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Originally posted by marko702 ↑

Hi all,

This should DEFINITELY be taken with a grain of salt. Called the office and spoke with the lady who answered the phone (who's name I didn't catch) and asked if I could speak with someone regarding the suspension. She didn't pass me along to anyone, rather she answered my questions VERY generally.

When I asked about the cause of the suspension, and whether or not it was instigated by the company or the ASX, she replied something along the lines of "I'm not able to discuss that at the moment"
When I asked her if it was likely the suspension was to be lifted today her reply was along the lines of "Yeah I cant discuss that either"
After venting my frustration at the whole situation, I inquired if there was a timeline for an update, to which the reply was "An on market announcement will be made ASAP"

So basically what I got from the whole conversation (apart from a migraine) is that mum is the word for AVZ and that they are not saying ANYTHING. Feel like I wasted part of my lunch, but still thought I'd pass it on to ya'll!

PS obviously this is unsubstantiated- so do NOT take this as any sort of advice or as an official statement from the company

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@marko702 - Her name was probably Tamara. I spoke to her too.

I don't think you can expect to receive any detailed or useful information, but always curious to try and obtain whatever scraps you can get. Venting your frustration wasn't just a waste of your lunch, but probably a waste of energy, although I empathise.

Unfortunately, the company secretary was out when I called, but she was taking messages with the intention of passing them along for response (not likely given the volume of enquiries today).

Good luck everyone. I'm trying not to over think this one, but some great and creative ideas thrown around. Occums Razor comes to mind.

Bodhi_Trader

Last edited by Bodhi_Tree: 05/04/18

AVZ Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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Running discussion on SP, page-245

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