AZZ 0.00% $7.50 antares energy limited

It was interesting to see that for the first time(I think) the...

  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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Currently unlisted public company.

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