Australia's largest stock trading and investment forum Australia's #1 stock forum

AVZ

Click for more information

0.00%

78.0¢ avz minerals limited

This is nonsense also. What management just manufactures a T/O...

First 14045 Last

Share
Profile

Follow
Kikker1959

10,471 Posts.

4235

22/01/19

08:19

Post #: 37181775
Share

Originally posted by Deboss ↑

Logically you are correct.

I am not going to make predictions on where this sp will reach, however what I would like to see happen (and this is entirely my opinion) is for the Company to announce it has received three low-ball TO offers over the last few months at say 18c, 20c and 25c per share and they have all been rejected. This should immediately re-rate our sp to around those prices.

We then have a far higher base platform to work from with other interested parties and to help realise the potential worth of this resource. As further offers are made, the Company should also announce them as being rejected and we go through the same process again increasing our sp along the way.

Huayou should be more than happy exercising their options prior to expiry in May, as either way they will still make a motza with the amount of shares they own.

There is no doubt in my mind that the potential suitors are not all Chinese, so don’t be surprised as to what may transpire with AVZ over the coming months.

All IMO & DYOR

Expand

This is nonsense also. What management just manufactures a T/O bid? Whatever bid they get, 2 cents or $5, they have to announce it !!

AVZ Price at posting: 6.7¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 68,118 more messages in this thread...

First 14045 Last

Add AVZ (ASX) to my watchlist