The document does not read well for avz unfortunately
- the extra 15% they said they had isn’t really as the money is in escrow after being returned - criminal charges against mr Johnston (avz claim to be false) - dates into 2024 regarding preliminary hearings on cases - potential to negotiate now (smart play from management)
I do feel like this is everything from management now, which is a good thing as it paints a clearer picture of what is happening in the background.
I fear Re-compliance with the ASX will be a nightmare, they will not make it easy for avz
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Not Held