AUZ 0.00% 0.8¢ australian mines limited

Ann: AUZ secures $12 million investment from US fund, page-26

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  1. 106 Posts.
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    3 x $4mil investments in exchange for shares at 90% of 5day vwap prior to share issue
    so 10% better price than anyone else can get shares

    plus almost 15 million free collateral shares
    plus almost 20 million free 2 year options

    I dont think the market will like this deal in the short term
 
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