Seeing as its a miserable day on the Costa del Blackpool, have been doing some digging around the ''A''s on Wasabi and Aviva.....
I hold XTR listed on the LSE, it has a large stake in ASX listed MEO as well as below.....
''A'' XTR 1 September 2006
Xtract is to acquire 81,511,422 ordinary shares in Wasabi (representing 19.5% of Wasabi's issued ordinary share capital) for a total consideration of
approximately #0.8 million in Loan Notes.
Xtract is to acquire 61,500,000 ordinary shares in Aviva (representing 18.6% of
Aviva's issued ordinary share capital) and options over 10,000,000 Aviva shares
exercisable at a price of A$0.10 per share for a total consideration of
approximately #1.6 million in Loan Notes.
''A'' XTR 16 November 2006
Xtract has agreed to sell its holding of 61.5 million ordinary shares in Aviva
Corporation Limited, together with an interest in a steel-making technology, to
Wasabi in exchange for the issue to Xtract by Wasabi of 175 million new Wasabi
ordinary shares together with 25 million warrants exercisable at a price of
A$0.03 per Wasabi share.
Following this transaction (which is conditional on the approval of Wasabi's
shareholders at an extraordinary general meeting) and a proposed fundraising by
Wasabi, Xtract will hold 256,511,422 Wasabi ordinary shares (representing
approximately 41.6 per cent. of Wasabi's proposed enlarged issued share
capital).
........................................................................
So there you have it, pick the bones out of that.....still no EGM at Wasabi as far as I can see....
Rodders
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Price($) | Vol. | No. |
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0.084 | 324407 | 2 |
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