Winenut
Go AVZ!
Who's making the buyback offer???I have reached out to AVZ. It certainly has gone from a takeover to buyback offer.
Only AVZ can "buy back"
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Only AVZ can "buy back"
So a buyback to secure company share ? Could start a biding war . Do I hear 1.5 cents anyone ?I have reached out to AVZ. It certainly has gone from a takeover to buyback offer.
BRICK
Regular
move the decimal point a few spaces and youve got a deal!
Hodlandwin69
Regular
To be fair, if AVZ are doing a share buyback, don't they have to put a "fair and reasonable" value on what they think it's worth based on available data?..... Like they are in effect saying they think the share has a fair value of $0.01, like they can't value it on insider info that only they are privy too right....?
Mr_Tones83
Regular
It's the same offer from Resource Capital.
It was never a 'takeover offer' as the original Australian Super emails that went around, it has always been a share purchase offer (takeovers are subject to different rules).
Each platform just has different ways of communicating and deadlines with regards to voluntary corporate actions.
Don't stress, it's nothing new.
It was never a 'takeover offer' as the original Australian Super emails that went around, it has always been a share purchase offer (takeovers are subject to different rules).
Each platform just has different ways of communicating and deadlines with regards to voluntary corporate actions.
Don't stress, it's nothing new.
antimatter
Regular
From AVZ's announcement on 25-Jun: "The Board recommends AVZ shareholders retain your shareholding. Do not surrender your AVZ shares to this opportunistic bidder at a price that does not reflect the underlying value of your shares."
AVZ's credibility will be totally shot if they offer the same price to shareholders.
AVZ's credibility will be totally shot if they offer the same price to shareholders.
Winenut
Go AVZ!
I have met @John25 personally at the previous AGM, really nice bloke, kept us all amused with his great humour before AVZ suspension and after on HC & TSE forums......... everyone knew he had health issues, but never in a million years did i think we would be discussing his death .
Really sad he wasnt able to enjoy retirement with his AVZ wealth, forced to go back to full time work due to the crooks from Cominiere / Zijin / MAGA brigade etc stealing it from him, almost certain that this stressful 2+yr suspension + work commitments at his age, caused his demise.....
You will be missed my friend.
Hoping your family will eventually benefit from your investment in AVZ down the road.
Beisha
If AVZ doesn't inform its SH's of a buy back, or take over, it is simply a scam.
No need to get excited.
Maybe inform IG that their name is being used by fraudulent desperados, who are using their business name and thereby bringing IG into disrepute might make them rectify this BS.
As mentioned before, I expect the carrotdick will make more attempts before the next AGM, until they have their required quantity.
The previous offer ran out 1-07-2024 and this offer runs out 8-07-2024
So we don't have to be rocket scientists to understand that their previous attempt was not successful and we are highly likely going to get weekly offers.
One question, where the fuk is huge lips?
Is he on holidays in Cardwell?
Dudbrook is highly likely fukked over in the Caribbean by a huge Jamaican fast bowler.
BRICK
Regular
Will this continued attempt to rat f--k us and the BoD have any impact on AVZ securing $$$$?
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