let's reduce avo's risk profile ...

I enjoyed reading the following spin from the "Investor Presentation Avoca and Anatolia Merger of Equals" ASX release.

Did AVO shareholders realise that by diverisfying into Turkey of all places you will have "A diversified asset portfolio" which "will reduce risk while providing for more growth opportunities."

Quotes at http://www.asx.com.au/asxpdf/20100909/pdf/31sdvzvg7rkw50.pdf

Hmmnn ... I can't for the life of me work out how diversifying into Turkey reduces the risk for AVO's investors. As far as I can see, it increases the risk. Mind you, diversifying into Australia reduces the risk for Anatolia's investors imo.

Just Google Turkey terrorim and then make your own judgement.