Running Commentary on the SP Movements., page-17643

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27/03/18

00:56

Post #: 32042116
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Originally posted by msn81 ↑

Hey All,
Long(er) term holder, avid reader and huge supporter of AVZ, please don’t shoot me down for this post ...

Just a question/observation about the Announcement of the 5^th February – “Board Appointments” of Nigel Ferguson as MD and Rhett Brans and Non Exec Director.

In this announcement, there was the inclusion of issuing 12M and 4.5M performance rights respectively for these guys:

View attachment 1029955

But this was based on a VWAP being achieved in the vesting period being ‘6 months from date of appointment to expiry three years from the date of issue’. Based on this, back in Feb, when this was announced, I sensed a JV was in the making. Now I’m convinced.

My Question, (assuming) a JV will eventuate, and the SP explodes as it should do, why is the vesting period where these guys need to keep the SP above 34c, 40c and 44c still 4 months away if the JV was in the making back then?
My guesses:
- A ‘display’ (read: ‘Ploy’) by AVZ that (at that point) the drill program will continue and JV is a serious option for Klaus et al (like saying “we’re here for the long term”).
- Nigel/Rhett will be compensated accordingly in the event of a TO?

I know our friend Beaner wouldn’t shut up about this, I’m not trying to fill that void – I’m just posting one minor contradiction the TO theories circulating (despite that being my personal preference)!

Thoughts?

Cheers
MSN

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Still don't get what you are trying to say here and what is the point..... are trying to say more dilution and finding a reason short the AVZ?

AVZ Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Running Commentary on the SP Movements., page-17643

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