I've already said it in part. I have no doubt that they were still looking at a mid-tier future last September.
I have had extensive contact with these people for years. I have a professional training and background in 'people reading' and no one could have fooled me for that long.
It is safe to assume that the TO agreement/decision/discussions only got hot after that point in time.
NH videogate etc also supports a timeline somewhere in the past 6 months, maybe start of this year but that is conjecture.
I do understand that people are frustrated at not having all the details and therefore not really understanding what went down. I fully understand the disappointment of the upside being dramatically reduced after the slow burn to get to a position where we all thought it was ready to lift off. However, lowly retail rarely gets to know the full story with any company. Also, somethings a board has to keep close.
With this mornings announcement you can welcome OZL on board as a 50% plus holder. The rest of the story is still to unfold but we now get to see who will fold and who will not. I am still holding and still have no fixed position. I want the best outcome for me. I like copper.
AVB Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
