Think we will get an announcement today regarding Locke?
Hey dont get me wrong , i would be your panda brother joining you...Literally me at FIRB headquarters if Zijin offer $12 a share for the 75% of Dathcom which is accepted by the bod and it receives shareholder approval but FIRB block it
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Your not being a pain at all, we are all just theorising at the end of the day, our BOD would know, but unfortunately there was no question time at the last AGM, which would of been a great time to pose that possibility. BTW, I did get to ask Nigel personally if there were any TO offers presented, he replied.........NO.I'm not sure but Dathcom (I believe) is not domiciled in Oz. So I'm not convinced the FIRB has any say in what happens to the ownership of that entity. Not being a pain here Beish. But yes if someone tries to "own" AVZ in OZ then FIRB interest might be raised and have an influence. But the shareholding status of Dathcom? .....I'm still not sure on whether there is any restriction or jurisdiction that has any impact on that?![]()
Annoying, yes. But it'll form a new base for the value of the shares, no?Literally me at FIRB headquarters if Zijin offer $12 a share for the 75% of Dathcom which is accepted by the bod and it receives shareholder approval but FIRB block it
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AVZ(International) the current shareholder of 75% of Dathcom is based in Singapore, no need to don your eskimo suit and race with a chainsaw into a FIRB office to make some modifications.Your not being a pain at all, we are all just theorising at the end of the day, our BOD would know, but unfortunately there was no question time at the last AGM, which would of been a great time to pose that possibility. BTW, I did get to ask Nigel personally if there were any TO offers presented, he replied.........NO.
Hope so. If not then what are the odds of Locke completing their due diligence on Easter weekend?Think we will get an announcement today regarding Locke?
Decision made IMO (whatever the decision is)Hope so. If not then what are the odds of Locke completing their due diligence on Easter weekend?
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Something is imminent
Not exactly sure what "it" is......but it's definitely........"imminent"
Don't worry....was definitely takin' the piss
His imminence Nigel Ferguson will release the announcement at his leisure
Was told today either tuesday or late tonight but more than likely tuesday. I am guessing it is to do with financing.Lawyers generally don't release info until the last day they can. The work will be done and the decision made. They present to AVZ, who then tells the ASX, who relays the message to us peons. The board may already have the news, but we won't know until Tuesday unless someone is working late.
The oracle has spokenWas told today either tuesday or late tonight but more than likely tuesday. I am guessing it is to do with financing.
A single trade that day at .75. Imagine being that guy...brutalObviously not mate, but I would have sold at .75 if I had been holding![]()
The buyer yes.......the seller .....well ....happy daze I guessA single trade that day at .75. Imagine being that guy...brutal![]()