What I m annoyed about is that AVZ allowed this matter to drag out for so long and failed to address the last 15 % to bring our ownership to 90% earlier and bring it to a head.
They kept reporting " in discussion with Govt and progressing well".
Obviously discussing with wrong part of the Govt else how could Z make these claims.
What should have been the most awaited, important and company building moment in 5 years (License approval) is soured by these shenanigan's by Z
AVZ Should have resolved this issue one way or another last September instead of ignoring it.
I invested big in this company believing the new Govt was legit and transparent in its dealings. It now seems I was wrong.
I can now understand why AVZ struggles to get a non Chinese Investor/partner on board like EU or USA.
Hoping the right outcome is delivered soon rather than later.
AVZ Price at posting:
78.0¢ Sentiment: Buy Disclosure: Held
