Maybe the last attempt by the Fat Tail f--kwit didn't bear fruit . Having another crack ? Surely if it was legit the company would have announced it .Are AVZ now offering the same deal as Resource Capital, so that if you want to sell some or all of your shares for .01, at least sell them back to the company?
Or, have IG used AVZ Minerals name in the email to confuse shareholders and get them to unwittingly agree to sell through the IG account to Resource Capital
AVZ Discussion 2022
- Thread starter GazDix
- Start date
I have reached out to AVZ. It certainly has gone from a takeover to buyback offer.Are AVZ now offering the same deal as Resource Capital, so that if you want to sell some or all of your shares for .01, at least sell them back to the company?
Or, have IG used AVZ Minerals name in the email to confuse shareholders and get them to unwittingly agree to sell through the IG account to Resource Capital
Winenut
GO AVZ!!!!
I have reached out to AVZ. It certainly has gone from a takeover to buyback offer.
I know I'm a cretin but I'm totally confused by this one
It reads like AVZ Minerals is making a buyback offer.....
Surely this is some sort of bullshit linked to the goons???
Winenut
GO AVZ!!!!
Who's making the buyback offer???I have reached out to AVZ. It certainly has gone from a takeover to buyback offer.
Only AVZ can "buy back"
So a buyback to secure company share ? Could start a biding war . Do I hear 1.5 cents anyone ?I have reached out to AVZ. It certainly has gone from a takeover to buyback offer.
BRICK
Where’s Zeebot 😶🌫️
move the decimal point a few spaces and youve got a deal!
Hodlandwin69
Regular
To be fair, if AVZ are doing a share buyback, don't they have to put a "fair and reasonable" value on what they think it's worth based on available data?..... Like they are in effect saying they think the share has a fair value of $0.01, like they can't value it on insider info that only they are privy too right....?
Mr_Tones83
Regular
It's the same offer from Resource Capital.
It was never a 'takeover offer' as the original Australian Super emails that went around, it has always been a share purchase offer (takeovers are subject to different rules).
Each platform just has different ways of communicating and deadlines with regards to voluntary corporate actions.
Don't stress, it's nothing new.
It was never a 'takeover offer' as the original Australian Super emails that went around, it has always been a share purchase offer (takeovers are subject to different rules).
Each platform just has different ways of communicating and deadlines with regards to voluntary corporate actions.
Don't stress, it's nothing new.
antimatter
Regular
From AVZ's announcement on 25-Jun: "The Board recommends AVZ shareholders retain your shareholding. Do not surrender your AVZ shares to this opportunistic bidder at a price that does not reflect the underlying value of your shares."
AVZ's credibility will be totally shot if they offer the same price to shareholders.
AVZ's credibility will be totally shot if they offer the same price to shareholders.
Winenut
GO AVZ!!!!
I have met @John25 personally at the previous AGM, really nice bloke, kept us all amused with his great humour before AVZ suspension and after on HC & TSE forums......... everyone knew he had health issues, but never in a million years did i think we would be discussing his death .
Really sad he wasnt able to enjoy retirement with his AVZ wealth, forced to go back to full time work due to the crooks from Cominiere / Zijin / MAGA brigade etc stealing it from him, almost certain that this stressful 2+yr suspension + work commitments at his age, caused his demise.....
You will be missed my friend.
Hoping your family will eventually benefit from your investment in AVZ down the road.
Beisha
BRICK
Where’s Zeebot 😶🌫️
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