Hi Most of the he discussion about appointing an administrator...

First 114 Last

Share
Profile

Follow
chand

3,638 Posts.

848

10/03/16

21:03

Post #: 17242673
Share

Originally posted by damascus ↑

pps. Who would trust anything that comes from someone who contacts the ASX and complains after their investment goes up 400%?kinda doesn't make sense and makes me curious as to what your real motives are. Are you sure your not Jeff Eberweiner from Lone Star Value Management as that would make sense. Who else would be so motivated to see AZZ fail than the group that tried unsuccessfully to take control of the assets . Must be a coincidence that the one company out of hundreds that are out there , that you suggest might be worth contacting for corporate action with Antares ie Callon Petroleum, happens to be the same company that Lone Star is a shareholder in. As I recall the letter from LS to AZZ went something like this

"To James Cruickshank, CEO/Chairman:
Despite your apparent opposition to our offer to help Antares Energy Ltd ("Antares") with our expertise, I thought it useful to highlight several points that we believe constructively build upon our recommendations for Antares' prudent funding and development of its assets. As we've stated before, we believe you have a ready playbook to follow in the example of Callon Petroleum (NYSE: CPE) ("Callon"), a management and Board we successfully engaged with tremendous results – and more importantly a Permian E&P operator with acreage not that far from Antares' own Southern Star footprint."

Why as a shareholder could you be in such a rush to try and convince noteholders to vote for bankruptcy as some sort of answer to their problems which would also place your own investment in a far worse predicament. again , it makes no sense unless you have an ulterior motive perhaps.

Expand

Hi

Most of the he discussion about appointing an administrator is futile as it wont come to that. Looks like JC has dine the homework and notebolders will vote to extend

AZZ Price at posting: 50.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

The Rising Tide: How institutional adoption is shaping the future of crypto

SVL

Silver Mines pushing ahead with NSW Bowdens project despite green group setback over power lines

TRE

Toubani raises $10M to see Mali's Koubada Gold Project through to DFS

HIQ

Mouthguard concussion sensor tech developer HIT IQ wins second US patent

CC9

Chariot locks in high-potential drill target at Black Mountain, one of the USA's largest lithium landholdings