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78.0¢ avz minerals limited

Ann: Update on ASX Listing, page-92

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Danoz79

265 Posts.

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30/04/24

22:12

Post #: 73595125
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Originally posted by sharebroker1: ↑

"""Whilst the AVZ board acknowledges the suspension from quotation has been, and the prospective delisting will be, frustrating for its shareholders, in the AVZ board’s view it has proved entirely necessary to protect shareholder interests and, for the
reasons noted above, this currently remains the case"""

huh what is frustrating is the fact AVZ over the past two years have brought the cash in bank to almost zero, how on earth once this is delisted us this outfit going to survive with no cash left?

This imo is just a softening announcement basically stating we are done for, I may be wrong but delisting is in no ones interest, let us decide, just list the freaking company on ASX and if shareholders want to dump or buy so be it.

what will it be worth once cash runs out and the lease is still undecided?

And we had so much cash when the suspension started, where has it all gone?
i for one don't know

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I agree, once delisted you get no information, no transparency, no control, can’t sell stock and it disappears. Remaining cash goes to wages

AVZ Price at posting: 78.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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