AVZ
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0.00% 78.0¢ avz minerals limited

Ann: Board appointments, page-86

  1. columbo
    410 Posts.
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    05/02/18
    18:38
    Post #: 30834031
    Dear 8horse,

    just to wrap up, I heard back from the company secretary and it seems my interpretation was correct (although the daily VWAP will be a 10-day VWAP):

    "...anytime from 6 months after appointment and three years from now the performance rights vest if the VWAP (this will be a 10-day VWAP) exceeds 34c (tranche 1), 40c (tranche 2), and 44c (tranche 3)"
    AVZ Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 21  Upvote
    lightbulb Created with Sketch.  Great analysis
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