There is no need to remind all the time that management stuffed...

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kropka

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21/08/19

15:10

Post #: 40078321
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Originally posted by sydneyguy ↑

Didn’t think the out of market price on small shipments would stick and hold it up

Some nice adjustments will be required

Offtaker Selling shares,
isn’t it also raising capital,
now not paying fully upfront-
can bet they will be offsetting balances owing against their unsecured debt

Wasn’t an insider selling before this first discounted or partly paid shipment leaving because of a divorce?

Does this really sound like a party that is making monster margins?

This is the party to the hydroxide jv mou to discuss and mou - the Clayton’s mou

Sounds like a lot of ramping between both parties imo....

Standstill extended as expected

No wonder tribeca isn’t impressed, even the offtake restructure is falling appart

But with their full
Security feels like they will be paid out in full and make a nice return with interest and early repayment fees - nice deal signed by management

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There is no need to remind all the time that management stuffed up.
It is hard not to but is done and can't be reversed.

I am sure many would rather see diluted A40 coming back and trading for number of months months in low SP than go into administration.

The only problem is how to change this worthless BOD with people that know how to turn thing around.

SBM and FMG history are great examples that it can be done.

A40 Price at posting: 8.2¢ Sentiment: None Disclosure: Held
4 Upvote

0 Great analysis

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