I asked nigel at the last AGM about whether AVZ had received any TO offers, he replied.......NO
AVZ Discussion 2022
- Thread starter GazDix
- Start date
Beisha,
Nigel is not going to announce anything in my opinion unless its signed sealed a delivered. He is going to err on the side of caution I would suspect.
If he started to make announcements like a chat forum then you would have a reason to complain.
Regards,
SilentOne
TheCount
Regular
Problem is (most likely) none of them have run a business with their own money - like Politicians... If it was their own cash in the fight, they'd act very differently...
I'd like to see an update from our BOD with the achievements of those newly voted in members - otherwise they can go..
TC.
Cumquat Cap
Regular
No chance in hell Nigel would speak about a potential TO unless something is in writing or has been signed. Way to market sensitive to ever do this. Need to let go of the narrative that TO aren’t being discussed because Nigel said No once at an AGM in the past
Thanks
I agree, but what i meant was, just because AVZ is now delisted, they wouldnt want to be tardy with official information to their long suffering share holders . We dont want to sit in a echo chamber for long periods of time, we need to be informed of any progress or not, in a reasonable time frame.
Mr_Tones83
Regular
That's what he has to say even if there had been approaches. Notification to shareholders of a potential takeover only has to be done when there is a certain seriousness and confidence level of it actually being undertaken, as well as what could be deemed near fair value.
Any board member saying yes to that question would be very foolish.
Fair point.
I vaguely remember Nigel mentioning at an AGM he had been approached but it was not worth considering . Which is fair enough.
forestgump
Member
IT will be the instant coffee and Lipton teabags next.
Pretty sure if you read the last announcement you will see AVZ have committed to complying with all "official announcement" protocols in order to allow a smooth transition back into the ASX if the situation should arise.
Have flown Los Angeles since my last post. 5 ubers: 2 Tesla, 3 hybrids
Went to Dodgers game today they won in 10th innings(extra innings) The Japanese bloke hit the winner! He has just signed a $700usd million contract over 10 years! Haha good luck to him.
Awesome day!
Rechnerhand
Regular
Samus
Top 20
Plus bonuses.
Plus bonuses.
Samus
Top 20
Is anyone going to tell me Mr Pee isn't totally complicit in the Chinese strategy to steal Manono?
He backed the MMAGOTS and there is no sign of waiving the 20m break free clause to help AVZ through this difficult time.
I hope we see the back of that prick if we get through this personally.
The time for giving that arsehole a huge chunk of the project for peanuts is long gone.
Here's hoping we sell it from under him.
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My view of the BOD hasn't changed.
CashKing
Regular
Hey bud we all feel your pain as we are going through the same shit…
Keep the chin up but if that helps you sleep better then bugger off for a bit. It sucks being kept in the dark and $$$ invested that we could all use right now.
Hopefully Nells post I think it was didn’t push you too far bro.
Take care of yourself and hopefully see you back when more positive news is about
Cheers
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