AVB 0.00% 16.5¢ avanco resources limited

Avanco rebels vow to rejectOZ Minerals’ $418m takeover, page-225

  1. 10,075 Posts.
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    the sp was not capped and sold down for the last 12 months what would the sp be? 10 cps
    If Blackrock and the like did not continually sell into announcements what would the sp be? 11 cps
    If Centro licence was not on hold or held back what would the sp be? It was on hold and not held back 11 cps
    If long awaited news was released and not seemingly held back that we were told was forthcoming what would the sp be? no proof
    If drilling results on Panterra were release and not seemingly held back what would the sp be? 13 cps
    If options were not looming and there was no pressure to accept a lowball what would the sp be that management thought was fair? 14 cps
    If all the news was released in a timely and appropriate manner and drilling continued at Centro and Panterra through over the next 6 months then by December where would the sp be? Centro news was released in a timely manner, Panterra perhaps not. 16 cps
    Whatever figure you can come up or whichever way you look at it the fact is it's well over the paltry offer currently at hand. small TO premium on 16 cps fair value, low ball offer but not paltry and large enough to deter competition.
    Last edited by m0ngy: 18/04/18
 
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