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HAC30

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09/02/19

16:49

Post #: 37386395
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Originally posted by jamesph61: ↑

IMO "closed door" is just BS speak ..... ie; "Sorry we cant tell you shareholders what was said and to whom but trust me Im working hard "
who's to say its not just a get together with industry mates for beer and pretzels because seriously, you think the coy is going to be able to legally back door their underwriter with terms better than what is contracted to Pattos ?

Do you realise the exclusivity that comes with being underwriters for any company, its standard practice and one that prevents such backdoor moves .... If there are deals done they would include the underwriter, in this case Pattos, with the same if not better terms for them, the moment AVZ accept the conditions of an underwriter, that coy has the CR reins for what ever period they signed up for 3, 6, 12 months what ever it is .... you don't give a company a life line (underwrite their capital) without getting your pound of flesh your own way.

"Closed door presso" .... It's a kin to dragging just out the old "Confidently clause" when talking $$'s .......... just an excuse to placate the hordes and one that shareholders cant challenge the validity of

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This is exactly right. Its more 'up the garden path' speak.

I cannot for the life of me understand why people would still believe a solitary thing said by management here. The CR terms speak for themselves.

AVZ Price at posting: 3.8¢ Sentiment: None Disclosure: Not Held
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