Can someone explain why Der Gest has it out for AVZ and Nigel? From what I gather he made a lot of money on AVZ and has a large tax bill? So why the campaign to discredit AVZ now?
Sorry I am only a part time reader of these forums and probably missed the explanation of it all.
Yes I've heard this said and he may well have a tax bill but the story doesn't make much sense if you think about it.
If he bought in higher, wouldn't he want AVZ to succeed?
No, he's short, massively! IMO
I'm reasonably certain he's part of the villinous team who organised the entire attack on AVZ in the first place.
His connection with Simon Cong, his history with AVZ management, his hidden agenda, his research skills, and more, it all comes together.
While Zijin and Cominiere and Cong had already initiated their attacks, Geist was instructed to get the worrying news out to shareholders.
Acting as the concerned researcher who stumbled upon concerning information, although he's a great researcher, he didn't need to research shit to know about it.
At the same time the short selling attack had begun and the price began moving south.
Management halted it at 74c.
Just IMO and what I've pieced together. There's more info i'll keep undisclosed though.