DIO dioro exploration nl

dio recommends avoca's increased bid 1 for 2.3, page-4

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    With the DIO directors looking to accept the offer from AVO.

    AVO's potential holding in DIO will 23.4% (assumption all directors accept + the 21.16%).

    Bakersteel Capital (12.66%) may likely accept, even it originally accepted when AVO offer of 2.82 for 1 would potentially bring AVO's holding to 36.06%.
 
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