Deeland Offer

Am i reading this right, Deeland wants to purchase german shareholdings at 96c Euro?

https://www.wytv.com/business/press-releases/ein-presswire/607901661/avz-minerals-aktionare-erhalten-kaufangebot/

thats about 152c aussie or a meager 100% up on current share price.

If they offered it to the ASX - its still not nearly enticing enough and I expect Nigel one be selling his 50m shares either.

But nevertheless, the ASX short capital will need to think about what they do now, if the offer is at 1.52 then rest assured the shareprice will jump HARD! What will shorters do with their 4% of issued capital priced around 90c? Hold for a 100% loss or look for the exit and thereby triggering many stop losses and a mammoth short-squeeze.


The question i have is what is Deeland up-to given they were just registered 5 weeks ago?