AVB 0.00% 16.5¢ avanco resources limited

You're still trying as hard as you can to get this over the...

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  1. 2,020 Posts.
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    You're still trying as hard as you can to get this over the 50.1% aren't you? You don't want to see this dud deal fall short of 50% and then the bloody board get spilled in an EGM right?

    No, the board DID NOT work to maximize shareholder wealth. The no shop, no talk, no due diligence clause they signed basically acts to dissuade other potential bidders. Will they provide ALL information to other potential bidder if asked? OZL have worked on this for 3 years which is a FACT, and even if AVB only become involved in the last few months leading up to the announcement they've kept it quiet until they dropped it on us like a bomb, all locked in with their "no shop, no talk, no due diligence" agreement signed. What does that tell us all? If another bidder asked for info and they give dud info or withhold critical info etc ... who is going to know?
    Last edited by QuietFrog: 06/06/18
 
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