AVZ 0.00% 78.0¢ avz minerals limited

Ann: Results of non-renounceable entitlement issu, page-4

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  1. 327 Posts.
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    re: Ann: Results of non-renounceable entitlem... I expect that through the sub-underwriting agreements (section 4.7 and 8.6 of prospectus) that the directors will end up with most of the shortfall. Sub-underwriting is for 54 million shares, so leaves 12 million for the underwriter.
 
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