AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-6096

  1. 9,090 Posts.
    lightbulb Created with Sketch. 8454
    " If he doesn' t dump, I will assume that is because he knows what's already negotiated in the pipeline for AVZ due to his position there, and leaving it in for the gains."

    How is it people do not understand that there is NOTHING in the pipeline that Klaus knows about!!

    If he knew of anything then he would not have been able to sell any shares at all.

    One aspect of the price fall that many don't seem to understand is that Klaus's selling highlighted to the market there are NO deals on the table, as he could not have sold with insider information, it does not matter if the info is bad or good.......

    "Directors should be aware of the Corporations Act 2001 provisions (Part 7.10, Division 3) prohibiting insider trading. Insider trading is the trading of securities or a wider set of financial products while in possession of information: 1. which is not generally available; and 2. if it were, would be likely to have a material effect on the price or value of the security. "

    From here........
    https://aicd.companydirectors.com.a...-duties-directors_insider-trading_a4-web.ashx

    Part of the selling was probably the 3y announcing to the market, NO T/O pending deal, NO JV pending deal, and NO offtake pending deal.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.