AVZ 0.00% 78.0¢ avz minerals limited

Ann: AVZ to raise $15 million to fund further work at Manono, page-226

  1. 5,633 Posts.
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    Its a decent sized discount with free oppies attached (with a strike price of what it was trading at when it went into TH).

    I also think AVZ will do well and SP will be higher once they have a JORC etc but they had cash in the bank already and could have waited until they had a better deal.

    Its a crap raise. Only uneducated, blind sheep will say otherwise.
 
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