"remember the $10m convertible loan equals another 7% so its up to almost 60%. Not a bad trick to get that extra 7% to push it across the line and give AZH funds to continue advancing their project."
Yeah I forgot about that but not sure it counts until converted.
Yes very much looking like TRY will be in a position to take control of the board but will they do so?
Just thinking TRY could have got AZH a lot cheaper via an on market buy out. Wonder if it would make scene to allow the T/O to fall over and take that route?
AZH Price at posting:
32.0¢ Sentiment: None Disclosure: Not Held