AVZ Near Term Furture, page-16

I think top5/6 would be related to a HTO scenario. So it’s just management and rest of the top20 and us retail shareholders. If today’s and last two days shares are acquired in a view to implement a HTO then certainly possible given that the number of shares traded in these 3 days is almost 350m which is close to 15% of registry. So it is possible but we are not sure if that is the case.

I do agree that AG is probably working to protect Chinese interest rather then AVZ interest. Us shareholders are kept in blind and made to trust AG for long time.

AG contract is up for renewal and coincidentally share volume has increased significantly at the same time which triggered an increased in SP as well. Monday will be an interesting day in my view as some news might come out before the trading commence.

All in my opinion only.