I had a look at the latest bidder's statement. I don't think RMS mngmt have their hearts in this. First of all its over two weeks out of date quoting figures from 14 Aug. Completely overlooks the fact that AVO have 45%. All the figs on the SP premium etc are wrong and I think DIO holders might notice. For the first time there is a close of offer date, Oct 12. The arguments for DIO accepting are not very compelling. Cost savings on office staff and maybe getting some third party use out of the plants? Finally, the presentation is very ordinary. A bit cut and paste and photocopy. I can't see DIO holders rushing across.
This might have been a good idea a few months back when DIO was 30c and no AVO but the opp has passed to get DIO for a good price. Come Oct 12 it's time to move on.
bidders statement
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.17 |
Change
0.010(0.46%) |
Mkt cap ! $2.489B | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.18 | $2.13 | $6.562M | 3.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3744 | $2.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.17 | 102595 | 4 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| RMS (ASX) Chart |