The AFR have nailed absolutely nothing. AVZ has now been in rolling suspensions for over 6 months . Avz does not just automatically roll in to another 2, 4 or 6 week suspension without the approval of theASX closely watched by ASIC. To think that you or i or Tommy or anyone else here knows as much about AVZ situation as the ASX and ASIC is to say the least delusional.
Something else in regards to this situation as pointed out by a few knowledgable people both here and on the bird is that a small investment company (CATH) Suzhou Energy Technology Co remain committed to their AVZ ( Dathcom ) proposed investment . Mr Pei Zhenhua a billionare businessman an ( CATL) Contemporary Amperex Technology Co as joint owners of Cath would be privy to far more information on the situation than any one in the public domain and probably even more so than either the ASX or ASIC
Mr Pei recently met with the board in Perth and would be fully across this whole corruption issue we find ourselves in.
Im not sure what other people consider when looking at whats going on here but i take great comfort in the show of support of CATH and the corporate watchdog here in Australia. Yes i know this is still no absolute guarantee of a huge win for AVZ but if you are playing in the junior end of the ASX investment circus then there is NEVER any absolute guarantees. Risk and Reward
Any way its a beautiful day here in the south west and i'am off to the beach for a run and swim.
Have a great day
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