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16.5¢ avanco resources limited

Ann: Becoming a substantial holder, page-79

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towie

35,149 Posts.

961

11/06/18

14:53

Post #: 33633523
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Originally posted by vespasian03 ↑

The current AVB posts are reflecting the sad end to a company with great potential . ..but unfortunately with a Board which could not deliver....and I do not underestimate the challenge they faced. Their decision to give that responsibility to a better resourced entity is understandable but to not inform the market and its shareholders of the ongoing negotiations was a negative for retail holders. It appears that the "non retail" holders have been wagging the tail of this process and will deliver to OZL what they and OZL planned. A lesson for the fair dinkum investors trying to make a %. Out of here and over to MYL and John Lamb who looks to be a bit more fair dinkum. (and a statement of fact not a cross promotion.)

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Hi Vespasian .I do Not understand how one of the Substanial Shareholder Notice on Friday Night indicated that they holds 5.1 percent in AVB via CFDs. I am a holder of CFDs but that gives me NO Rights in this current takeover . It appears to be Complicated when and IF OZL reach 100 percent. Maybe some have some Imfo on this Cheers Towie. Looking forward to how the market digests these events tomorrow Cheers Towie

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