Australia's largest stock trading and investment forum Australia's #1 stock forum

AVB

Click for more information

0.00%

16.5¢ avanco resources limited

The director's options get converted not cancelled. There are...

First 345 Last

Share
Profile

Follow
Kalenn

10,598 Posts.

6071

04/06/18

10:50

Post #: 33470866
Share

Originally posted by ascole ↑

Kal...

I respect your position...however ozl is at 41%.

Directors and other options when added in bring us up to about 46% assuming conversion to shares and added to soi and not paid out at 7c and cancelled as stipulated in the offer doc.

If options cancelled for cash as stipulated we are still at 41-42%

Oz not declaring anything yet.....

I think we are still at stalemate here....

If no significant uptake by Thursday oz has to either s#!t or get off the pot imho....that is declare unconditional or allow take back of shares....i think you would need to wait for then to declare any sort of victory for oz....

Imho

Expand

The director's options get converted not cancelled. There are 150 million from memory.

AVB Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ATC

Altech launches CERENERGY prototype in Germany, with early tests proving positive

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

TON

Triton snaffles 588 square km gold-copper play in Mozambique

BM8

Battery Age Minerals launches field campaign at Austrian Bleiberg lead-zinc-germanium play

There are more pages in this discussion • 17 more messages in this thread...

First 345 Last

Add AVB (ASX) to my watchlist

SPONSORED BY