AVB
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0.00% 16.5¢ avanco resources limited

Ann: Change in substantial holding from OZL, page-24

  1. bumskins
    1,181 Posts.
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    24/04/18
    19:28
    Post #: 32666074
    Thats wrong for an off-market offer.

    An Off-Market offer doesn't matter when you accept as you are still entitled to any higher offer.

    I also don't believe OZL have the right to buy-on-market currently, due to the conditions on their Off-Market offer.

    The second they pay someone higher that becomes the new offer price for everyone also.

    Need to lookup the rules for On-Market & Off-Market offers.

    No shares are changing hands here.
    Last edited by bumskins: 24/04/18
    AVB Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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