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0.00% $1.27 dioro exploration nl

how much time does our board need?

  1. richrichie
    3,394 Posts.
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    12/08/09
    09:42
    Post #: 5495976
    I mean its simple maths here. Even in today's AFR article pg 51. AVO says how much time does the DIO board need?

    Its clear: RMS's offer is $1.02 (based on 11th's closing price of RMS)and AVO's offer is valued at 75.7c (based on 10th's closing price of AVO).

    Both offers are unconditional and not endorsed by the board yet. With the exception of one more condition with RMS, is awaiting for FIRB approval (which is very likely to be approved, as RMS's largest holder is a Canadian gold fund, not a Chinese SOE).

    How much more time do you need to get your calculator out to do some Year 5 maths?
    DIO Price at posting: 78.5¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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