AVZ 0.00% 78.0¢ avz minerals limited

OK, there are some substantial shareholdings in this company...

  1. 6,943 Posts.
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    OK, there are some substantial shareholdings in this company from China.
    They might know by now that they can't buy lithium from AVZ on mate's rates and it looks like they can't outvote during an AGM.
    I got from yesterday's meeting that Nigel point of view is, that they can buy at world competitive prices and contracts.
    They know that currently they can't buy AVZ.
    It will take a few years before AVZ starts paying a dividend.

    So what are these companies going to do?
    Are they long term investors with an in depth knowledge of the lithium market and happy to stay put, waiting for the share price to go up?
    Are they going to give finance in return for favourable lithium supply contracts.
    Are they going to try to do a deal with the DRC government, behind AVZ's back, trying to undermine AVZ?

    Or are they going to do a Klaus and dump their shares?

    Interesting times ahead.
 
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Currently unlisted public company.

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