AZM 3.57% 2.9¢ azumah resources limited

Ann: Azumah Finalises $17m Earn-In Agreement, page-5

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  1. 479 Posts.
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    I doubt the rights issue would be fully subscribed. From my understanding every shareholder would need to participate for their full allotment to have it taken up on a 1:5 basis. Could be wrong but I don't see every holder participating which would mean that hopefully the remainder shares will be offered to existing holders first under the shortfall rather than Patersons.
    Ive taken up my full entitlements but just hope they are not scaled back
 
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