AVB 0.00% 16.5¢ avanco resources limited

Ann: Change in substantial holding from OZL, page-119

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  1. 1,908 Posts.
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    Hi Zip
    I like your thinking- but on my math: 5% of AVB converted at .009 OZL works out at about 1M shares in OZL.
    The latter is a $4B company - so at $10 per share, there are lots (my calculator just carked it under the stress!) of OZL shares and 1M is not a large %.
    Lets try to come up with a third scenario...like the AVB BOD are feeling guilty and so have decided to block the takeover...
 
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