AUZ 0.00% 0.8¢ australian mines limited

Ann: Annual Report to shareholders, page-21

  1. 1 Posts.

    Noobie here.


    Could someone explain the proposed demerger process to me. My understanding is they wish to demerge and create two new separate companies (Company A, Company B separate to AUZ)

    If you currently own 10% of the shares in AUZ.

    After demerger do you own:


    10% of shares in AUZ

    Plus

    10% of shares in new company A

    Plus

    10% of shares in new company B

    Sorry for the dumb question.

 
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