AVZ 0.00% 78.0¢ avz minerals limited

Largest lithium resource with lowest valuation 2, page-786

  1. 3,529 Posts.
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    Thanks Obe wan.

    Any thoughts as to when management are going to do the placement :-
    - As soon as the motion is carried at the AGM or shortly after
    - Or a month or more later, when the SP is higher (hopefully) after some drill results are released

    I was thinking that the placement might be issued to the winning party(ies) as part of the TO terms
    looks like that won't happen - see page 10 section 4.2. (e) (ii)

    So if I am reading it correctly a TO means these shares won't be issued?
    Or the placement is just a backup for AVZ if a TO does not eventuate?
    Where can I find listing rule 11.2 Disposal of main undertaking?
    Last edited by staz024: 13/11/17
 
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