Why Has Fat Tail Holdings Sought the Removal of AVZ Minerals' Directors? — ASX:AVZ| ASX Mining News & Discussion
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$AVZ Why Has Fat Tail Holdings Sought the Removal of AVZ Minerals' Directors?

Fat Tail Holdings Initiates Legal Action Against AVZ Minerals and Directors

Fat Tail Holdings Pty Ltd has taken a significant legal step against AVZ Minerals Limited, a prominent player in the Australian mining sector. The lawsuit, filed on December 15, 2023, in the Supreme Court of Western Australia, targets not only the company but also two of its high-ranking executives - Nigel Ferguson and John Clarke.

Allegations of Oppressive Actions Against Shareholders

Central to Fat Tail's legal action are allegations of oppressive conduct towards shareholders. This claim, if proven, could indicate serious governance issues within AVZ Minerals. Additionally, the lawsuit accuses both Mr. Ferguson and Mr. Clarke of engaging in misleading or deceptive conduct, casting a shadow over their leadership.

Seeking Removal of Ferguson and Clarke

A pivotal demand of Fat Tail is the removal of both Ferguson and Clarke from their directorial positions at AVZ Minerals. The firm requests that they not only be ...
Why Has Fat Tail Holdings Sought the Removal of AVZ Minerals' Directors?

Lykeshares Official
Berkshire is hoarding so. much. cash.
Berkshire is hoarding so. much. cash.
Lykeshares Official
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ...
Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
Lykeshares Official
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Lykeshares Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Lykeshares Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
Lykeshares Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
Lykeshares Official
$ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?