AVZ Discussion 2022

[Dom1974]

Ben Cohen's alarm didn't go off this morning and has slept in.

 

[Carlos Danger]

"The Company advises that the subject of the initial trading halt request remains incomplete and requests a further extension to the voluntary suspension until the commencement of trade on 31 March 2023 or an earlier announcement to the market regarding its mining and exploration rights for the Manono Project."

So theoretically Suspension ended at 10.00am....hmmm

 

[Azzler]

My unreasonable hopefulness is saying they got a last minute positive anouncement and are rushing it through!

 

[Roon]

Ben Cohen's alarm didn't go off this morning and has slept in.

Probably just making sure to actually proof read this one to avoid getting 4000 emails

 

[Doc]

My unreasonable hopefulness is saying they got a last minute positive anouncement and are rushing it through!

 

[Azzler]

Jonno is going great guns on the Bird, he's been such a solid supporter.
Anyone know his story? I thought he was a Journo or a NGO member.

 

[Dom1974]

They may as well extend it to 10 or 11 May to even it out to full year anniversary.

 

[Chilla]

"The Company advises that the subject of the initial trading halt request remains incomplete and requests a further extension to the voluntary suspension until the commencement of trade on 31 March 2023 or an earlier announcement to the market regarding its mining and exploration rights for the Manono Project."

So theoretically Suspension ended at 10.00am....hmmm

They must be copping a pineappling from ASX to provide further justification for extension of the suspension........otherwise ASX would have put into pre open and allowed orders to start being lodged without an announcement from the company by 10.00am

 

[wombat74]

I believe the ASX are needing extra time to correct the spelling and grammar .

 

[John25]

Last day of Month …checking his bank account making sure his/hers/others $$$$$ has been deposited …roughly $25K …not a bad gig for an announcement per month

 

[Azzler]

My unreasonable hopefulness is saying they got a last minute positive anouncement and are rushing it through!

Of course my unrelenting terror is also saying the ASX are refusing further extensions and the company is scarambling like fuck to say something before we dive to 1 cent.....

 

[Carlos Danger]

They must be copping a pineappling from ASX to provide further justification for extension of the suspension........otherwise ASX would have put into pre open and allowed orders to start being lodged without an announcement from the company by 10.00am

100%

 

[wombat74]

Where is the annoucement?! wtf is going on?
In the case the asx don't allow further extensions did they need to make a announcement before the trading start? Or can it start without a annoucement?

If it's price sensitive there will be a 20 minute gap between announcement and trade . Just enough time to kiss our arses good-bye if it's negative .

 

[Chilla]

Where is the annoucement?! wtf is going on?
In the case the asx don't allow further extensions did they need to make a announcement before the trading start? Or can it start without a annoucement?

Is this the @Deboss expect the unexpected?

what ever happens in this moment, it is definitely unexpected

If it's price sensitive there will be a 20 minute gap between announcement and trade . Just enough time to kiss our arses good-bye if it's negative .

No announcement needed as AVZ approval for suspension expired at 10.00am...so ASX could put it into pre open at any time if they havent received anything from AVZ.

 

[Chilla]

jesus christ...is this the non stop bus to the hell? :O

what is a good webpage to see the real time chart?

I have to prepare myself.

try investing.com if you dont have IRESS access.

 

[Woogr]

Could the time difference have anything to do with it?

 

[Azzler]

The most probably explaination is there is some more information in the extension anouncement that the ASX wants clarification on, and there's a back and forth going on right now.

 

[Chilla]

Surely AVZ cannot be that incompetent ? Wait a minute , let me think about that for second.......

You would hope not and i wouldnt expect so.

My guess is they are having discussions and the ASX giving them a hard time and requiring further justification for another extension...otherwise ASX is compelled to open trading as the previous approval has expired.

 

[Misfits]

 

[Misfits]

Maybe clutching at straws. When I posted this on the bird Deboss actually liked it