According to previous company releases Kazacos and Walker were going to take up their full rights:
Last shareholding I saw was;
Kazacos 255m shares - rights 2:1 = approx $900k raised
Walker 197m shares - rights 2:1 = approx $700k raised
Approximately $150k of the $1.74m must have come from existing shareholders.
Looks like AYG now has a second white knight at the table...............
restructuring, page-5
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