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78.0¢ avz minerals limited

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number61

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01/09/22

09:10

Post #: 63451949
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Originally posted by Obe wan: ↑

Cong / Dathomir are not contesting the ownership; the judge at the tribunal ordered / ( tribunal - recommended) ‘Dathcom’ pay $50m ; after AVZ exercised the option to buy Dathomirs percentages ; these percentages were at the agreed rate ; AVZ paid and Dathomir duly accepted the $$…

Cong then had a change of mind and instead of 15m wanted 50m , but reckons that clerk of the register Wabulasa and AVZs Johnston had already stamped the transfer and were out the door and down the street.

So Simon wants more than was originally agreed…. That’s an open and shut case in itself …. But he’s also calls up Walbulasa and Johnson as frausters , that’s another part that needs to be cleared from a tribunal tag point .

So yes worse case scenario , would be that Dathcom would need to pay $50 I.e AVZ at 75% pays $35m and the state 15m …. But hard to see tbh

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though confused even further by bringing the claim against Dathcom, when it was AVZ that bought Dathomir shares.

the question still remains. Where is the $27m?

Last edited by number61: 01/09/22

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