Intense: may I answer your question from my response to the ?
Dunvor and the many suitors like PPP etc who over past 8 years have financed the AVQ story all had research and analyst teams. We have read (been told) about their m’ment and staff having visited our m’ment, the SI etc and reported glowingly about their findings. Capable people I’m sure but when you are dealing with entities that offer these LAST CHOICE finance arrangements too often the monetary incentives or total disregard the higher m’ment place on those people causes good observation and analysis to leave the room.
Like the banking royal commission has exposed here, corporate greed and profits come before ethics and this is ripe through this SECTOR of international financing. Sound research advice also can be and often is ignored because the many penalty clauses (devil in the details) in these deeds guarantee the financier DOES NOT LOSE not matter what happens to the borrower which would be AVQ in this case.
We shareholders need to be sensibly informed so we understand where and what our funds are being risked against.
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