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ASIC concerns cause Dawney setback

SMALL cap fund Dawney & Co has agreed to amend a controversial option offer over AWE shares following discussions with the Australian Securities & Investments Commission based on concerns around the original offer document.

Haydn Black
ASIC concerns cause Dawney setback

Dawney said yesterday it had agreed not to provide its first offer to AWE shareholders, and it would withdraw the proposal, which has been replaced with a similar offer for an option over around 19.99%...

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