Interesting comments paragraph 3 AO....I shared similar comments a week or so ago, re; potential reverse T/O or larger eyes watching. Shame that they make have left the building. It was a promising opp and if what you say is the case, that's a huge loss.
@Snowy101 - I understand your comments re; governance and compliance matters. We will find out soon, as the prospectus will need to pass ASIC and the ASX approvals prior to release. If there is an overly extended delay, it will be evident that there are serious issues at hand. I am amazed that they could enter into a HoA without disclosing, nor undertaking a DD, nor including the acquisition in the EGM documents so that it could be ratified by holders at the meeting. To bring out an Ann two days after an EGM is concerning, flies in the face of holders. Who knows, it may turn out to be an absolute master stroke but, they have gone about it ass about end which is discouraging to state the least.
@MeToo .....the Ann states "binding heads of agreement", seems like a mates club handshake / done deal to me. I may do some digging to see if there is any historical connection between the "Anthony" family and any of the current directors or top 20.
The AYB story, as of the last 12 months, continues to twist and turn in bewildering directions - straight would be nice.....
PDF Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
