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78.0¢ avz minerals limited

your a smart man tolate so can you exsplain how shares got sold...

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rightyo

589 Posts.

149

08/11/23

08:13

Post #: 70776931
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Originally posted by tolate ↑

It seems plenty on the table with this present board and maybe they should explain their behaviour...imo

• Sales of shares by some directors and officers of AVZ are of concern.
o On 21 January 20224

(a short period after the reported Lubumbashi High Court
judgement referred to above), an Appendix 3Y Notice was filed on behalf of Mr
Johnston, disclosing the sale of 753,000 shares at an average price of $0.865. This
sale occurred before AVZ made any announcement regarding the High Court's
ruling. Separately, AVZ’s Chief Financial Officer, Mr. Jan de Jager, sold all of his AVZ
shares (1,917,5005
) during the fiscal year ending on June 30, 2022. This must have
occurred prior to AVZ's shares ceasing to trade on May 9, 2022.
o In its response to the ASX aware letter dated 11 April 2023 AVZ confirmed at point
1.4 that it was aware of the High Court application and judgement mentioned above
prior to the judgement being made in December 2021.
o The Nominated Directors do not suggest that the sale of shares by either Mr
Johnston or Mr de Jager breached any laws.

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your a smart man tolate so can you exsplain how shares got sold in 2024?

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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