New Thread as the last one has degenerated into BS.
Yes an OZL with AVB assets would be awesome--no s#^t sherlock--.....but the point is that AVB has a suite of assets that is in perfect position for development. Why should OZ have it handed to them on a silver platter for cheap....
Just realise this holders....
If you accept the OZ offer then they have control of your shares. If a higher offer comes you get 0% of the upside.
Although it seems like a premium, this offer is valuing AVB shares at a significant discount to any realisitic valuation metric that you could put on it. The only intangible is management.....which has thus far been self serving and obtuse with its disclosure of the company's actions and accomplishments.
One could argue that management has been on the go slow waiting for this t/o for a long time...
AVB is a cashflow positive developer of serious assets....not a penny dreadful in need of saving...get on message people!
If there is a second wave of this scenario...you need to hold on to your shares until it plays out at least....
The OZL takeover failing would be the best thing that could happen in this situation IMHO -- back to business to develop and realise the long term value of AVB's assets. Spill the board and get things moving.....
AVB Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
