Have to say, no matter how u cut it it’s quite disappointing management didn’t nail down the MSEZ or the ML before engaging in further fund raising (especially without underwritten guarantee) although could it be that the govt was pressuring AVZ behind the scenes to take the remainder 15% off Dathomir before formal approval granted for MSEZ/ML? Just a thought, what’s everyone else’ opinion on this possibility?
Also quite a dog move for the terms of the cap raise to be leaked to the AFR before it’s even formally announced. Whether it was one of the BOD or Curran & Co. that did this, I reckon the directors deserve an earful at the next AGM/other face to face engagements for this blatant act. I understand this is necessary advertising on some level given that management is going to the market cap in hand atm, but even still, as a long term holder this is definitely still a smack in the face imo
- Forums
- ASX - By Stock
- AVZ
- Ann: Trading Halt
Ann: Trading Halt, page-106
-
- There are more pages in this discussion • 394 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online