DRC ELECTION TODAY AVZ concerns, page-123

First 123 Last

Share
Profile

Follow
chrisblink23

361 Posts.

85

30/12/23

22:36

Post #: 71671591
Share

Originally posted by h00ts: ↑

2024 is almost upon us and the wild theories and hypothesis are flying thick and fast !

clearly the BOD got an overwhelming vote of confidence from the rank and file punters at the recent AGM quite amazing really given their underwhelming performance as a listed ASX company - credit due where credit is due the mums and dads didn't buy the MMGA spin.

So what does the often touted MOU and the softening of the boards hard line stance to we are now willing to negotiate a settlement actually mean for AVZ shareholders ?

Well I am going to go out on a limb here and offer my view of what may happen in 2024. If and its a very big "if" the BOD can get an offer to buy their DRC assets ( A take over of the company simply wont happen ) I expect the BOD will present an offer to shareholders and recommend that they take said offer rather than go through years of legal stoushes and I expect that their recommendation is going to be extremely unpalatable to to retail shareholders and I expect the support they received at the recent AGM wont carry through to an extraordinary general meeting to sell the assets.

Just my worthless opinion as a non holder !

Expand

I completely disagree.

In 2024, I think the BOD will present an offer to shareholders to sell its assets in the $1.50-$2.50 range.

Just my worthless opinion as a long term holder!

AVZ Price at posting: 78.0¢ Sentiment: None Disclosure: Held
35 Upvote

2 Great analysis

Reply

Top Stories

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ARN

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

RCE

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

There are more pages in this discussion • 392 more messages in this thread...

First 123 Last

Add AVZ (ASX) to my watchlist

DRC ELECTION TODAY AVZ concerns, page-123

Top Stories

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Featured News