AVZ 0.00% 78.0¢ avz minerals limited

AFR Article: AVZ's chairman Klaus Eckhof halves his stake, page-38

  1. 4,312 Posts.
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    I'm sorry to see the antics that have been going on these past few weeks. I sold a fairly large position at 24c to fund another raising which in hindsight was good for me. My thoughts on the current situation if anyone is interested...WFE are entering a cobalt JV and have an associated raising...the timing of the director selling could be related? The other elephant in the room for me are the 207m, 10c, April 2019, options! Sell out and hold the options, then the position has been totally de-risked until the options require exercising. By that stage the future direction of Manono would be far clearer. Good luck to all holders.
 
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