AEV 0.00% 1.1¢ avenira limited

interesting read for those interested, page-29

  1. 10,295 Posts.
    lightbulb Created with Sketch. 999
    A hostile takeover aint going to happen.

    Directors own more than 10%. Any predator would require 90% before compulsory acquisition.

    Given that major shareholders _will_ benefit from the near future current market in phosphate, they would not sell their stake unless a fair price was offered.

    A takeover at the current capitalisation is not realistic.
 
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