Samus
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I think most wish they'd handled things a bit differently, that goes for a lot of the shit before this as well.Very true, I see it as a positive that it hasn't been broken, a downramper could say its because we're screwed and know we aren't going to get there but I would argue that AVZ has been trying to do things right from the get go. A deal is a deal sort of perspective from the BOD. Also the fact CATH haven't told us to fuck off/cut and run is another positive. Unless your a downramper then you might say they've only stuck around to save their 20m.
In hindsight I think they would have been better to get on the front foot rather than trying yo sort this out from 2 steps behind but that's the rose tinted hindsight glasses.
I've said it before and I'll say it again, morale of the story is we don't know shit and all we have is rumours and vague ASX releases to go off. For richer or poorer it will all come out in the wash.
I'm only suggesting that they might still have a leg to stand on when it comes to disclosure, not that I agree with how any of this has been handled.
They've decided to cultivate a mushroom colony instead of keeping shareholders well informed and to an extent it's always been the case.
For me it's one of the ongoing irritations of being an AVZ shareholder, I can see why sometimes it's necessary in terms of protecting the share price or not giving away information to the enemy. Other times it's bordering on or crossing the threshold of outright lies, while instos and larger funds have an uncanny knack to predict the bad news
A symptom of corporate mentality no doubt, doesn't mean we have to like it. Or that things couldn't be done differently.
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