Struggling to work this one out. If NF truly believes in the value of AVZ, which I think he does - why offer a discount to get this institutional investor on board now? When ML is granted, they'll all be clamboring to get on board anyway, no discount required.
So there must be a short-term need for either the cash, the specific investor, or both. Either that or we're just getting royally shafted (again).
Should make for interesting discussion at the January investor meetings.
- Forums
- ASX - By Stock
- AVZ
- Ann: Trading Halt
Ann: Trading Halt, page-227
-
- There are more pages in this discussion • 186 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)