Ann: Confirmation Prospectus sent, page-6

This post is my own opinion, It is relevant to the discussion and is my own interpretation of past and current events.

I do believe that Robert Friedland is poised and waiting in NSW, Flemington would be a nice lunch deal, he is the ultimate opportunist and predator.
I think that AUZ is in grave trouble assuming the following consideration.

I get the sense that the AUZ capital raising is not going too well.
I also think that AUZ refuse to take the necessary corrective action to make a difference on many fronts.

I think that the Sophisticated Investors and Broker companies are wise to the AUZ management.
BURN me once, my fault, Burn me twice and I really take note. I may never come back for desert.

I think the Sophisticated Investors and the Broker companies have mutual respect and symbiotic shared benefit, to be financially viable they have to mutually benefit. If there is too much loss one way or the other, their mutual trust and bond is lost resulting in a broken relationship that is not in their best interests.
The solution is they no longer support certain companies that do not cooperate fully or behave themselves appropriately.
I think this rejection is starting to materialize in AUZ.

The problem for AUZ is that they will feel the choke of reduced and more costly capital, leading to an unhealthy situation for all involved.
I also do believe that the two no money down offtake agreements SK and LG are a show of no trust, hence its a transactional agreement only.

The problem with a board takes all deal, is that eventually you end up with no friends.
The share price is 10.5c per share, below the capital raising price, this says a lot.
RED