AVZ 0.00% 78.0¢ avz minerals limited

Should have initiated a CR to cover the anticipated % ownership...

  1. 8,137 Posts.
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    Should have initiated a CR to cover the anticipated % ownership increase due this year back in Jan or late March when the SP was at a lot higher level.

    Have a nosy round the traps for CR late Jan for Li stocks and you will see what I mean. Many took the opportunity.

    Most good companies carry a bit of cash on their balance sheet, its to protect them from the unknown black swan events etc, especially when contracted due payments are in the mix.

    IMO
 
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