You know that ‘prudent capital managers’ can also run the tank down to what the ASX considers requires some kind of explanation.
Abusing me does not change the fact that -however prudent it is - it came within
ten days of an ASX legality requiring it to explain how it was able to continue operating.
If RCF had not stepped in before the June quarterly then what teddie?
Or just vent at me a bit more if you like and keep telling everybody it’s a mystery why this merger is underway and 12 shares at 2.7c should not satisfy them even though it satisfied the management and a scrupulous investor backing WA Vanadium to the tune of more than $40m.
And after that why don’t you go look up how the shorting at AVL strangely increased from ~8m to nearly 28m and how for some reason the AVL share price dropped even as shorting loans increased.
In fact dropped to levels not seen in years just as the merger notes were issued.
…. And did that despite big grants, new management and an electrolyte plant soon to be completed.
oh and RCF buying $22.5m shares then sticking another $15m in!
@Blythefan wrote the AVL price was being propped UP so the baddies could exploit TMT shareholders.
In fact the REVERSe IS TRUE and I expect this is somehow linked to protecting RCF’s merger ratios and has nothing to do with you fantasy land “jamb ur 12-1” victim signallers.
