AZZ 0.00% $7.50 antares energy limited

Ann: Noteholder Notice of Meeting, page-45

  1. 1,160 Posts.
    It was interesting to see that for the first time(I think) the directors have mentioned the possibility of an administrator being appointed if resolution 1 isn't passed
    prudent that they should do that as it must now be a distinct possibility
    regardless of the buyers credentials one could assume that IF the buyer had substance then AZZ would have commenced legal action for the buyer to complete "an unconditional " contract

    so either there were conditions OR it is pointless taking legal action against a $2 company

    will AZZ now relist as the buyer has been disclosed?

    I suspect not as AZZ directors would not wish to see what the sp might do prior to the meetings being held

    once the dust settles this case/example might find its way into a university commerce degree textbook...but not sure yet as to what the topic might be!
 
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