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SQM getting strategic advice/orders ...from Beijing?No wonder it...

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dolcevita

30,205 Posts.

1793

15/08/23

12:00

Post #: 69344415
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Originally posted by RoyE: ↑

You have made 3 incorrect statements in the last 2 hours:

- Compliance issues re non-disclosure of interest in AZS - incorrect. The Board is not obliged to tell the market about each approach, they meet as a Board and determine how they want to handle it.
- SQM is the only buyer - incorrect, SQM has an advantage as they already hold approx. 20% but they are certainly not the only potential buyer and indeed IMO the final ownership will likely be a JV of 2 (or possibly more) owners.
- SQM will sell shares on market to lower the market price and then buy them back in capital raise at a lower price - why would they do that?? They want more AZS shares, not less, so I can't see them selling any shares on market anytime soon.

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SQM getting strategic advice/orders ...from Beijing?

No wonder it was out of touch and clueless.

AZS Price at posting: $2.50 Sentiment: Buy Disclosure: Held
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