AVZ
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0.00% 78.0¢ avz minerals limited

Ann: Results of non-renounceable entitlement issu, page-4

  1. Chrisso41
    327 Posts.
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    22/01/13
    20:44
    Post #: 11321647
    re: Ann: Results of non-renounceable entitlem... I expect that through the sub-underwriting agreements (section 4.7 and 8.6 of prospectus) that the directors will end up with most of the shortfall. Sub-underwriting is for 54 million shares, so leaves 12 million for the underwriter.
    AVZ Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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