Huayou got 186m 10c options from their first CR. For them to...

Huayou got 186m 10c options from their first CR.
For them to convert, the share price had to stay above 10c, it’s hard based on current share price.

The placement to Huayou will comprise 186 million shares at an issue price of 7 cents per share, together with 186 million attaching options exercisable at 10 cents and expiring 20 months from the date of issue to raise $13,020,000. Huayou will also have the right to appoint a nominee to the AVZ Board.