Some interesting post from captain damuck on hotcrapper. He is from switzerland and got 2 phone calls from deeland. Of course I have no idea that everything he said is legit.
One point from him:
„Here's the next update on this saga. I just received another call. This time much friendlier but still very persisting.
I asked a few more questions and although the guy could not mention who's behind all this, he mentioned that it's an Asian player with big connections. Again I asked what's to gain for his customer if AVZ will not trade again. He mentioned that worst case, SHs will face a squeeze out.“
I have no idea about the asx/Australia laws but after the website obe wan have posted a squeeze out can happen when one person have 90% of the shares.
It really sound 100% like a scam, use fear to get a few people who don’t understand the situation to get their shares. The dumb ones get in the trap.
A big asian player use deeland a micro company in UK who don’t work under regulations to buy shares in Germany/Austria/Switzerland to get enough shares for a squeeze out, because they know AVZ will never trade again?
They firstly bought 50 million shares, now 50 million again. I’m not sure in this three country’s are enough shareholders to get the complete amount of 100 million shares. But no problem when they reach 100 million they even don’t have 3% shares
that’s the master plan of a big asian player? Loosing 3 month’s of time to get 100 million shares from Europe shareholders. I would understand when it’s a real offer for every shareholder under a save and regulated buying process.
Theoretically a big asian player like zijin or catl want to get our shares to kick us out, they would never never never use such a stupid way. Buying europe shares and use the international big player Deeland for it
when this is really the begin of a master plan they smoked to much crack when they started it. When people don’t think it’s a scam and it would be save I think a lot would sell for 1€. And then a plan to get a management seat would be possible.