AZH TRY

re: Ann: AZH: Change in substantial holding f... asf"TRY will...

  1. loki01
    11,119 Posts.
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    10/07/13
    22:36
    Post #: 11988413
    re: Ann: AZH: Change in substantial holding f... asf

    "TRY will have 132,629,541 shares, as opposed to the current 91.5m"

    Just to clarify this point - TRY has around 91.5m shares and its current shareholders will hold about 55% of the new merged entity.

    Page 52 of the bid document indicates there will be around 167m TRY shares once the merger has taken place.- see

    http://www.asx.com.au/asxpdf/20130509/pdf/42fstjtxmlr2zp.pdf

    loki
    TRY Price at posting: $1.40 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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