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78.0¢ avz minerals limited

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Xerof

1,801 Posts.

887

13/05/22

13:10

Post #: 61391309
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Originally posted by Xerof: ↑

The original buy in split was 60/30/10 back in 2016/17, as clearly stated everywhere in ASX announcements at that time, but if you go through that document TENDOJI has posted on another thread recently, that document, dated 2019, has it as 60/25/15.

So, I surmise that Cong brokered a deal to get another 5% off COMINIERE, probably taking a cut along the way, and then on-sold it to AVZI under the 10% option agreement.

Was that 2019 document generated to reflect the change of %'s? and/or other conditions? I don't know as I have never seen the original, but there's some more meat for the sandwich

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It's under the thread called Signed Articles of Association

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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