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
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Have to say, no matter how u cut it it’s quite disappointing...
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