reject avoca’s all scrip offer, page-3

yes! this is good for holders.. if the independant valuation shows it is worth as a mid-point $1.88 per share, then it means either AVO will have to significantly increase its offer, or that someone else will see the value and make a counter-offer.. or just that the market will re-rate DIO recognising its potential...

the target statement is worth looking at in detail.. you can download it through the ASX site

will be interesting to see how it opens friday...glad i added to my position recently..