Holding 44.85% of DIO means AVO can effectively control DIO.
AVO does not need to make any purchases of DIO scrip on market nor make a scrip offer for more DIO shares.
This is entirely at AVO's leisure. As is handing the control of DIO to any one company in the future.
Put simply, AVO with 44.85% of DIO is now in the driver's seat with full control imo compared to a disorganised majority who own 55.15% of DIO and will never, ever imo be able to muster 55.15% of DIO votes for anything.
DIO Price at posting:
72.0¢ Sentiment: Buy Disclosure: Not Held
