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78.0¢ avz minerals limited

Bacanora is listed on the London Stock Exchange. AVZ is listed...

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sydneyr

517 Posts.

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21/07/21

06:11

Post #: 54645455
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Originally posted by ericson ↑

my opinion as stated in many posts , this is a Chinese TO with disguised aggregate holding by using multi proxies below 10%. It could have been different if the non-Chinese had weighed in but the clowns haven’t . Good on the Chinese for having the smarts . Mgmt must know this by know but if not they should now . So buy the sp up boys as you’ll get 80% premium on vwap cf bacanora and Ganfeng . That’s why I reckon wr have the churn . It’s these boys solidifying the vwap at 19c . Expect a stmt of arrangement 35c + Ish although the Chinese don’t give any favours so they may be planning with drc (grace and favour) to corner NF with 30c and goodnight . I have bought back on this assumption (changed horizon ) . Be interested to hear what Others think and wherever I am basing too much of my assumptions on what happened at bacanora ,

AIMHO

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Bacanora is listed on the London Stock Exchange. AVZ is listed on the ASX. The FIRB has already said no to any Chinese takeovers.

AVZ Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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