AVZ 0.00% 78.0¢ avz minerals limited

Fake News or Fire Drill? AVZ's Silence on DATHCOM is a Red Flag

  1. 101 Posts.
    lightbulb Created with Sketch. 29
    Okay, let's break this down. The news is obviously bogus, right? I mean, come on. If AVZ had actually fumbled the bag and lost control of DATHCOM shares, that would be, like, a HUGE deal. Like, a "call your lawyer, write the press release, the whole board gets fired" kind of deal. This is the textbook definition of MATERIAL with a capital M.

    Now, we all know the AVZ board loves a good market announcement. They've been dropping them like mixtapes lately, even announcing a resource upgrade on some disputed piece of land. But you know what they haven't announced? Anything remotely hinting at trouble brewing over DATHCOM control.

    The silence is deafening, folks. So either they're all collectively asleep at the wheel (unlikely, those golden parachutes don't pay for themselves), or this news is faker than a three-dollar Rolex on Kuta beach.

    Okay, so if this news is total garbage, then the board has a problem. See, they owe shareholders a little something called a fiduciary duty. That means they can't just sit around playing solitaire while the market freaks out. It's like ghosting your date – not cool, and someone's feelings are gonna get hurt.

    Besides the whole legal obligation thing, it's just basic common courtesy, right? Imagine your investors panicking, dumping shares like they're hot potatoes. Not exactly the vibe you want for your company. One little market announcement – "Hey guys, DATHCOM is still ours, chill out" – and boom! Problem solved.

    Think of it as damage control, or better yet, preemptive damage control. Because if they don't, well, that's when the class-action lawsuits start flying, and no one wants to deal with that mess.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.