Roller62
Regular
Maybe it's more BS out of China to get the rumours going - IGNOREView attachment 20131
Chengtun completed the acquisition of an ASX listed mining company operating in the DRC back in 2020. No problem for them getting FIRB approval for that purchase. Their current market cap is around 5b AUD so it would seem they don't have the means to buy out AVZ but stranger things have happened.
Maybe Nigel does have a surprise take over offer up his sleeve for the roadshow. Or perhaps the journalist that wrote that article is an idiot that doesn't understand basic concepts of ownership like those that work at the AFR. Either way we will find out soon.