I don’t own AVL shares so pre merger couldn’t give a rats how many shares on issue they have. I imagine after the raise they’ll consolidate at the same ratio.
not all $500m will come from equity, perhaps only 30-40%. I imagine it’ll come at a discount of 10-25% of the volume weighted share price at the time.
Ann: Quarterly Activities Report and Appendix 5B Sep 2023, page-48
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