AAM 0.00% 5.6¢ aumega metals ltd

I'm still kinda confused about this - I'm assuming the 21.4...

  1. 410 Posts.
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    I'm still kinda confused about this - I'm assuming the 21.4 million shares offered by Shaw & Partners at starting at 28c are the same as the Canadian flow-through placement parcel of 21.4 million shares already completed at 40.6c? Or are there 2 lots of 21.4 million shares? @btown clarified what Flow-Through shares are for a Canadian resources company, it seems this is the same for an Aussie company?
    That latter seems improbable and would be a considerable dilution of our shareholdings. Though tbh, I think I'd be happy if it was an extra 42.8 million shares issued if it allowed substantial exploration along that skinny 100(?)km tail to the main area.
 
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