AVZ 0.00% 78.0¢ avz minerals limited

Locke Funding Almost Certainly Dead In The Water If News Article is Correct, page-24

  1. 108 Posts.
    lightbulb Created with Sketch. 41
    Alright NeilDiamondz, let's unpack this mess together. It sounds like you're worried about the AVZ board playing hide-and-seek with some pretty crucial information. Like, the kind of information that could leave shareholders holding the bag if they don't find out soon. First things first, if AVZ has truly lost control of its shares in that local subsidiary... well, that's a dumpster fire waiting to happen. We're talking losing control of the litigation, which, yeah, could seriously mean "game over" for the whole shebang. Not exactly the kind of news you sweep under the rug. Now, let's talk about those pesky continuous disclosure obligations. They're not just a suggestion, folks. If investors start feeling like Nigel Ferguson, John Clarke, and the whole crew were less than forthcoming with some ahem important details, well, that's a recipe for trouble. Deja vu, anyone? Kinda sounds like a sequel to the Omni Bridgeway class action extravaganza, doesn't it?
    Bottom line: Keeping this kind of thing under wraps is a high-stakes game, and those stakes just got a whole lot higher.
 
watchlist Created with Sketch. Add AVZ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.