DIO dioro exploration nl

re: Ann: MDA and accounts for the period ende... I hold neither...

  1. 2,046 Posts.
    lightbulb Created with Sketch. 554
    re: Ann: MDA and accounts for the period ende... I hold neither AVO nor DIO, only have a passing interest in the current activity between the two because the bulk of my holdings are in other goldies

    few queries / comments

    1 - the MDA does not appear to mention at all the pit wall failures - surely this cannot be right?

    2 - my understand was that AVO has less debt than DIO (with respect to the comparative size of the two companies)

    3 - as emphasised by KPMG in their ASIC responses, any third party takeover of DIO would need to get over AVO's current shareholding - i would realistically see the DIO sp settling somewhere between the current price (70c) and the pre-bid price if it doesn't get across the line

    4 - no one is arguing over the AVO bid beingopportunistic (all takeovers are)

    its been fun watching this one play out after watching regis.. wonder what goldie will become a target next?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.