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AVZ avz minerals limited

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wombat74

4,742 Posts.

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08/02/25

21:40

Post #: 77770314
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Originally posted by strongman ↑

just do the math
GLH (100% owned subsiduary of AVZ) currently owns 75 % of Dathcom
Of this 75 % of Dathcom Cath own and "Indirect'" 30.5% ie they dont actually own Dathcom shares but do own a % of GLH equal to 30.5% of Dathcom
So GLH is split 40.8 % Cath and 59.2 % AVZ.
The importance of this is that AVZ have controlling share of GLH ( 75 % Dathcom share) and therefore the controlling vote of Dathcom and hence retain control of the project

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Mate you are wasting your time trying to explain it to these bone heads . They clearly can't get their heads around it . That's why they are Trolls. Intelligence is not their strong point . IMO

AVZ Price at posting: 78.0¢ Sentiment: Buy Disclosure: Held
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Running discussion on SP, page-84675

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