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16.5¢ avanco resources limited

Ann: Becoming a substantial holder, page-143

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katepolo

447 Posts.

2

13/06/18

15:21

Post #: 33684082
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Originally posted by Kalenn ↑

I know how hard it is to let go

My forms have been sitting in my in-tray week after week and occasionally I have sneered at them.
Last week I filled them in and dated them.
This morning I finally posted 'express' to get the cash component (no tax issues here) in a hurry.

All of that when I had already worked out that the value in being part of the remaining 10% was highly questionable. OZL share holders get the other 90%!

Good luck with the deliberations, it's been a battle well fought by many on many levels. Including the last X years of holding the vision firm.

PS The value is still there and if OZL do not get to 90% (it will be close but I think they will) as long as you are prepared to anti-up in any cap raising you will still have potential earnings. Problem is you will have no control over when or how that profit is spent. While I don't think OZL would set out to harm the minority I would expect them to look after their majority. You have to rely on not needing access to that money for quite a period.

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Hi Kalenn,
I also mailed my acceptance form this morning.
Do you know when i get paid.
Cheers,
K.P

AVB Price at posting: 17.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

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