PV1 10.5% 1.7¢ provaris energy ltd

looking forward., page-37

  1. 375 Posts.
    "underwritten amount be increased to $2,487,939 comprising 165,862,633 Listed Options"

    so 32 odd milliom have allready gone. Not all will be sold but probably still a way to go. Hopefully there is 1 or 2 big buyers to meet their selling.

    The fact that the selling stops at 1.6 supports the options conversion theory. A shame as the buy side and momentum was building beautifully.
 
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