AVZ 0.00% 78.0¢ avz minerals limited

Cheap TO in the making

  1. 4,888 Posts.
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    We control 51% remember
  2. 3,076 Posts.
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    AVZ will not be taken over by a Chinese related company.....FIRB have already ruled on that and wont allow more than 10% to be held. If they try and do surreptitiously by building a position under a number of entities, then FIRB and ASIC would take futher action and relieve them of any aggregate holding above 10%. Nige is all over this and its a non issue. Nige will not allow another company to have a Director on the BoD for this reason and thats why Huayou Director was diluted off the BoD.
 
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