I wonder if this announcement from Van Eyk was a surprise to AWI - did they do their due diligence properly???
"Australasian Wealth Investments Limited (ASX Code: AWI) has been informed by van Eyk Research Pty Limited that the convertible note held by Pyne Gold Corporation (NZX – PGC) has been converted into a 27.1% equity interest in the ordinary shares van Ey k Research. As a result, the equity interest of AWI in van Eyk Research has reduced from 49.6% to 36.2% on a f ully diluted basis. "
AWI Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held
