wasa, I disagree with the, stay calm suggestion. I’ve had about...

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zipperlip

30,262 Posts.

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11/06/18

00:08

Post #: 33628033
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Originally posted by wassa ↑

A lot of speculation about Glencores interest in Ozl and their intentions. Their a miner
with an interest and focus on larger cap projects which may see them accept into the
offer as their minimalist interest in Avb being insignificant in the scheme of their
global footprint. However the fact they haven't yet rolled into the acceptance facility
is encouraging.

Not a lot of focus on Greenstones 16.69% holding of Avb. I personally think they may be the
spoiler. An excerpt from their website

........"Greenstone is a long term investor who understands the industry. As such it is not
subject to many of the short term pressures that drive dysfunctional investment behaviour"

These guys have a huge understanding of the mining industry, obviously are aware of the
long term copper supply issues and hold sufficient shares to block Ozl desire for 100%
ownership through compulsory acquisition.

Surely they hold some power and know it, and is in their investors best interests to exercise
that power.

Its not done yet.

Stay calm and see it out. Don't panic.

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wasa,

I disagree with the, stay calm suggestion.

I’ve had about 5 years of Boring!! personified in Avb.

I want to take as much excitement out of this as I can ( the taxman can’t charge a fee on excitement ).

How often do we, as investors/traders, get the chance to ride a pony all the way to the end ( if that turns out to be the case).

Giddy Up, I say

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

0 Great analysis

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