AVL 0.00% 1.4¢ australian vanadium limited

Ann: Options Underwriting, page-4

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  1. 1,335 Posts.
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    "The underwriting agreement contains standard termination provisions for an agreement
    of this nature."

    So, the underwriting is not unconditional. Why would they feel the need to put that in there, especially if it's a "standard" or "common" thing. That doesn't give me much faith.
 
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