AVZ 0.00% 78.0¢ avz minerals limited

Running discussion on SP, page-36077

  1. 4,786 Posts.
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    what Sophs ? There’s not exactly a mountain of them..Short memories in here .

    Also posters going on about Patterson’s selling; can you not run your minds back to mid May 2020? AVZ raised $10.3m through Yibin and then a further $5 was offered to Paddos to underwrite the 177m options that were about to expire on the 24th of May......we got a rush of conversions , holders paid out and converted 175m options , leaving paddos with 1.8 m number options to convert...hoped they got a nice lunch and a few glasses of plonk out of the balance

    the only other ‘sophs’ were from the placement ,as per the Ann on the 9th of April ; 40m shares and 60m options...where the 40m shares are now, who knows ...60m options ; I’m ‘imo’ aware fwiw where 35m of those went , ‘not’ pattos ; we’ve also had 15m of the 60m options converted as per the 2As on the 24/11 and 21/10....we haven’t seen a 2A since, so I can only presume that the balance haven’t been converted and on sale / sold , the oppies also don’t expire till April 22. Share were issued below 6c, so well in the green.

    hope the above helps
 
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