AUZ 7.69% 1.2¢ australian mines limited

Placement at A$0.085, page-44

  1. 8,454 Posts.
    lightbulb Created with Sketch. 166
    No you cannot participate in this placement. You're not a "sophisticated" investor.
    You can buy on market once it reopens though.

    If it were a rights issue open to shareholders, you would have been able to participate although what I don't like about those is quite often they set a minimum purchase price of say $2000.00. Sucks to be poor.
    The allotment is also potentially scaled back if its oversubscribed with a rights issue.
    Last edited by GoNuke: 03/11/17
 
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