If ML's 4.99% shareholding for Player 1 - 5 come true, then how many shares the five players need to buy?
4.99% on undiluted basis, 88m shares x 5 = 440m shares
Based on the broker data, buys via CMC & some Comsec, were far less than 1%...
BTW, my M&A friend just got in touch with AVZ management, it's interesting to see what will happen.
Hope they can turn into Player 6.
"Player 1 - 5. Everyone refuelling $AVZ a 4.99% shareholding is not disclosed. Player 1 & 2 seem to have gone to vs mode. Sit back & relax."
ALWAYS DYOR.
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