AVA ava risk group limited

Seeing as its a miserable day on the Costa del Blackpool, have...

  1. 38 Posts.
    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



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.2¢
Change
0.001(1.23%)
Mkt cap ! $23.84M
Open High Low Value Volume
8.3¢ 8.3¢ 8.2¢ $1.841K 22.44K

Buyers (Bids)

No. Vol. Price($)
1 12345 8.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 188349 3
View Market Depth
Last trade - 10.24am 19/09/2025 (20 minute delay) ?
AVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.