AVZ 0.00% 78.0¢ avz minerals limited

Response to Opportunistic and Inadequate Share Purchase Offer and Company Update, page-5

  1. ssm
    942 Posts.
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    With 5% they can submit a section 249D notice to force the company to call a general meeting to vote on resolutions proposed in the notice. Which in their case will be to appoint new directors (themselves) so they can completely screw shareholders and sell off the asset for a pittance.
 
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Currently unlisted public company.

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