I'd like to see a share consolidation . Get rid of these...

First 88 Last

Share
Profile

Follow
wombat74

1,732 Posts.

201

01/03/19

15:21

Post #: 37622657
Share

Originally posted by mistie ↑

I agree emphatically. China Inc in full force, not a level playing field and Friday Food for Thought below for those interested and worthy:

AVZ ~2,283 fps after all SPP/placement shares issued, 207M (Hauyou 186M) 10c opts exp 15^th Apr.
Hauyou Cobalt ~212M fps or 9.28%
Lithium Plus (Catyl?) ~ 79M fps or 3.46%

If all 10c options (~$20.7M in the kitty) are converted to FPS, total ~2,495 fps on issue. Then
Hauyou Cobalt ~398M fps or 15.95%
Other 10c opts ~ 21M fps or 0.84%
Lithium Plus ~ 79M fps or 3.17%, total pretty much 20% (19.96%) if these three parties alone are affiliated/friendly holders. Most interesting scenario that one …

If not, then Hauyou can buy on the open market ~100M fps to take their holding to 20% after option conversion. Possible, but I like to think that those two/three parties are affiliated/friendly to each other and will hold the 20% non-takeover threshold line after 10c options are converted,

Or, Hauyou could not participate in the placement more than the $1M as then their share holding when combined with the outstanding options and other on-market friendly holders, would be close to 20%.

I think with a bit of push and shove by many parties, Hauyou will convert their options. A given for me, given that the Manono Lithium Project will hold in time ~50% of the World’s hard rock lithium resources, I hope so anyway as I keep bottom feeding on the 3c options… Bye …

………………………………………………………………………………………………….……
Sometimes the questions are complicated and the answers are simple.
~ Dr Seuss

Expand

I'd like to see a share consolidation . Get rid of these billions of shares . A 4 for 1 . 600 mill shares at a share price around 20 cents . Then if these turkeys have to issue more shares , then issue another 100 mill to a friendly and blow the enemy out of the water . I like things neat and tidy lol .

AVZ Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ASX Market Open: Futures say drop after Bullock's hawkish speech removes slow cut doubts | Nov 29, 2024

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 233 more messages in this thread...

First 88 Last

Add AVZ (ASX) to my watchlist

I'd like to see a share consolidation . Get rid of these...

Top Stories

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ASX Market Open: Futures say drop after Bullock's hawkish speech removes slow cut doubts | Nov 29, 2024

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up