AVZ 0.00% 18.5¢ avz minerals limited

Ann: Trading Halt, page-125

  1. 35,875 Posts.
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    Well one of us is right - ( IMO) a shortfall would have only related to the $5m underwritten portion - there was no shortfall reported to the underwriter. They had the ability to accept over subscriptions up to $5m - they only got $200k over subscriptions of which they obviously accepted . - That left a $4.8m funding hole to potential over subscription - There may be a further funding hole if Pattos couldn't place all of their $5m Top Up allocation.

    There was no ASX shortfall notice released on the 20th of February

    shortfall.PNG
 
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