A1 CONSOLIDATED GOLD LIMITED (ASX:AYC) - AFR article today, 15766054, page-4 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

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2.3¢ a1 consolidated gold limited

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07/08/15

07:03

Post #: 15766054
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Originally posted by pe2023 ↑

one fact the writer was wrong, twiggy interest wont be 14%, if debt repaid, his interest will be zero. the true decider is ORS chair who owns 30% of ORS, plus 10% AGS holding, the twin call the shots of ORS, therefore AYC. that fact alone probably will make ORS run harder than AYC in coming days specially if ORS chooses to exercise 56mil options@3c, that will put ORS to somewhere close to 50%.

All good points. The article said " if converted, would equate to a shareholding of nearly 14 per cent." Of course, if debt repaid his shareholding interest would be zero, if debt not repaid and not converted, his interest would be 100 pct ?

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AYC Price at posting: 4.8¢ Sentiment: None Disclosure: Held
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0 Great analysis

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