An unholy Trinity: USD 125m < 10 mths to resolve....., page-121

Pink .

Just because you never heard of Azure Capital doesn’t mean others are in the same boat .
FYI
“Azure was co-founded by Mr Simon Price along with several other high profile Perth deal-makers including John Poynton, a director of the Future Fund and Crown Resorts and Reserve Bank of Australia member and Fortescue Metals Group director Mark Barnaba.” (https://www.theaustralian.com.au/bu...e/news-story/54b914fa193bfb65ca8054100925f6fb)

Azure’s new majority holder, Natixis - who felt the company rated a 52% interest (https://en.m.wikipedia.org/wiki/Natixis), had assets worth around US$715 billion in 2015 and was the 14th largest asset manager in the world in 2012
..Not really a ‘backyard operation’ ?

And why should AJM management hand over to anyone else when they have worked incredibly hard to create the only lithium company on the ASX that’s currently still in primary up trend, and a particular reason for AJM’s current survival seems to be the almost unique processing system they had the foresight to install, and more ?

Also in regards the demand that the company consolidate shares so it ‘looks more like a real company again’ ?
Some are more concerned that it acts like a real company.


But the main reason I am replying to your post is the sneer at Management - a band of failed coal miners according to your research ?
According to mine they are a strongly knit team of successful businessmen who have worked together since New Hope Coal days. (Majority owned by Washington Soul Pattinson, New Hope was a resounding success for that company )
Major investors -including Farjoy - the investment group belonging to the family of Geoffrey Robinson QC have backed this team all the way .

Cheers