SNU
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0.00% 9.3¢ southern uranium limited

SAU Results for Notice of Meeting out now.SAU shareholders...

  1. richrichie
    3,390 Posts.
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    11/09/09
    14:19
    Post #: 5631024
    SAU Results for Notice of Meeting out now.

    SAU shareholders approve the sale of SNU (through divesting the 39.1% holding to SNU shareholders).

    SAU holders will not get a chance to participate in SNU.

    Only current holders of SNU shares (inc. CITIC & Talbot Holdings) are able to participate in the rights issue (pro-rata).

    45m shares to be divested. Its 14c as we speak.

    http://www.southernuranium.com.au/01_cms/details.asp?ID=15
    SNU Price at posting: 13.6¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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