AVB 0.00% 16.5¢ avanco resources limited

Ann: OZL: Takeover Offer for Avanco - Webcast, page-274

  1. 11,749 Posts.
    lightbulb Created with Sketch. 584
    @ChristopherC mate don't be panicked into anything, the market will generally make sure the price is close to the best that anyone could hope for, once the Directors do this sort of thing we are all stuck with hoping enough time hangs around before vultures (I pick Appian more than any other bird) pick up enough, they don't have that yet and these things can take a while to sort out, lots of games of bluff can happen, sit tight IMHO.

    Don't get me wrong IMO Avanco will be bought, just wait and see how it goes, you don't need to do anything, no way in the wide world these guys would part with this sort of cash unless they KNOW AVB has all the stuff! Hundreds of copper parties and copper fundies will see this over the next 24 hours, lets see what crops up, if nothing then the market says it's about fair value.

    Cheers
    Phil
 
watchlist Created with Sketch. Add AVB (ASX) to my watchlist

Currently unlisted public company.

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