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16.5¢ avanco resources limited

Well said QuitFrog, sums up the situation perfectly!

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maccaone

88 Posts.

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03/05/18

11:52

Post #: 32855437
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Originally posted by QuietFrog ↑

IMO the best strategy is to NOT worry about the last minute. The best strategy is to hold past expiry and if they extend the offer period (which I'm convinced they will) without lifting their offer to your satisfaction then again hold past the next expiry. What are they gonna do? AVB BOD have thrown us all under a bus but are we just going to accept being run over or are we going jam something under their wheels? Holding past expiry is the best way to "jam their wheels".

If they're smart they'd get one of their deep pocket friend / associate to put forward a counter bid now that will give them an excuse to lift their offer to match it.

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Well said QuitFrog, sums up the situation perfectly!

AVB Price at posting: 16.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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