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0.00% 0.9¢ australian mines limited

The issue price is not yet determined. They will use the VWAP of...

  1. sunny1984
    168 Posts.
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    12/06/19
    10:09
    Post #: 39013987
    The issue price is not yet determined.
    They will use the VWAP of the 5 days before the issue of new shares (15 July). Hence, the VWAP from 8th July to the 12th July will determine what price the new shares are issued - chuck in the 20% discount.
    AVZ did the same thing.
    Thats the week to watch, 8th-12th.
    AUZ Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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