Former Avz Chairman and former Dathcom Managing Director, Klaus Peter Eckhof, is currently Chairman and Managing Director of AJN Ressource, a 3.69% shareholder, and also Managing Director of TTX.
Avz’s current Managing Director, Nigel Munro Ferguson, is also the second largest shareholder with a 9.65% stake in AJN. Avz relinquished a part of PR13359 in May 2022 and then AJN announced in November that it would acquire that part, exactly the same size.
Could it be that Avz has an apparent conflict of interest with AJN and TTX, but in fact Klaus Eckhof and Nigel Ferguson have turned corporate interests into personal interests? How does Avz explain the alleged insider trading between Avz and AJN Resource?
AVZ Price at posting:
78.0¢ Sentiment: None Disclosure: Held