avo to try and mop up soon?

Noted in this morning's West Australian:

"Mr Williams yesterday signalled Avoca remained hopeful of gaining the remaining 55.15 per cent of Dioro, saying it planned to speak to advisers about its options."

If it hopes to gain the remaining 55.15%, then action is required sooner rather than later. If they leave it until later, RMS will pick up a significant amount of stock in thier bid which they are unlikely to sell to AVO for less than a tidy profit.

The game isn't over yet - but it is very drawn out! If I had spare cash, I'd be buying more today, at worst to sell into the RMS bid, at best to sell to AVO if they come back with a new bid soon.