Apparently RMS needs to send out its bidders statement in the next 9 days - and then DIO has 15 days to send out its Target statement. It cannot make a public recommendation until the Target Statement is released to the market in its final form. So we are looking at another 3 weeks at least before we know what the DIO board thinks of the offer.
In the meantime, DIO selling at a large discount to the RMS offer price. Surprising long term RMS holders aren't selling their RMS to buy DIO.. today they could offload at 46 cents and buy back at equivalent of 37 cents.
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dio directors recommendation re rms bid
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