AGS 0.00% 17.5¢ alliance resources limited

dmagnusThis is how(below) the 14.9% will be determined price...

  1. 7,911 Posts.
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    dmagnus

    This is how(below) the 14.9% will be determined price wise

    "The price for conversion of the Deferred Share Rights into Shares will be at a discount of 10% to the two month volume weighted average price (VWAP) of the Shares. For the purposes of calculating the two month VWAP per Share, the two month period will be the 2 months commencing 1 month after the date on which the Four Mile Uranium Project
    Litigation is finally determined."

    If I'm wrong with the conversion details for the 14.9% could some-one correct it.

    dmagnus-Is there any restrictions on calculating price and time frames for share issues?

    Would that be why share-holder approval is needed?


    Md

 
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