I suspect some 'opportunity funds' (see the other ann from DB ceasing to be major holder) will continue to buy high (e.g. 17.5c) and sell low (e.g. 16c) to help get this over 90%. Then OZL will pay some entity to do an 'independent' valuation for the compulsory acquisition. Whether they will succeed in getting 90% I don't know. I sold on market hoping that some entity still want to grab the last 10% to fight OZL for some weird unknown reason. I sold on market because the deal is UNACCEPTABLE and I vowed NEVER TO ACCEPT. My money is available straight way now to buy other shares if I find any good one.
Position: Not held
Sentiment: Always watch out for private equity, particularly one that starts with a 'B'.
- Forums
- ASX - By Stock
- AVB
- Ann: OZL: Notice of Change of Interests of Sub Holder and IAF
Ann: OZL: Notice of Change of Interests of Sub Holder and IAF, page-4
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online