AVZ 0.00% 18.5¢ avz minerals limited

Ann: Huayou Cobalt Group Increases Shareholding in AVZ, page-191

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  1. 3,743 Posts.
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    "and two days later the statutory annoncement pursant to law is made by Huayou which actually reveals their shareholding has decreased since their last notice. So what if they bought shares, the net effect of the disclosure reveals a decrease in ownership of 1.71%."

    incorrect - they increased their holding by 30.6mill. shares - 186mill to 216.6mill - only the percentage of holding changed due to placement shares issued.
 
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