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16.5¢ avanco resources limited

Great to see you have found your keyboard WT :-) I take it that...

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zipperlip

30,261 Posts.

250

09/06/18

10:51

Post #: 33612889
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Originally posted by WishfulThinking ↑

There are a number of possibilities for OZL:
1) If they have over 50% by next week, then they can control the future direction of AVB
2) If < 50.1%, OZL can just close the deal with0ut putting forward a higher offer. I am sure, they can wait for a couple of months and try again - offering a higher price. This will mean they have not broken their word of not providing a higher price of the current offer
3) they can cancel the offer and refund the $ to the people that have accepted the original deal

Regardless of how you look into this, AVB is an attractive company and the future looks bright.

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Great to see you have found your keyboard WT

I take it that you are happy to just hold until the end?

Compulsory aquisition will be the way my biggest chunk of shares will be picked up, is that the way you are leaning?

AVB Price at posting: 17.8¢ Sentiment: Buy Disclosure: Held
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