AVB avanco resources limited
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Possible strategy, page-14

  1. factor
    548 Posts.
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    10/06/18
    00:13
    Post #: 33619663
    Yes OZL can buy on market - not above 8.5c per share though! So they won't be buying on market.

    If they pay more than 8.5c cash to anyone they must offer all others in the takeover class the same deal. Each person in the takeover class could then elect all cash or the original offer at their choice.
    AVB Price at posting: 17.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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