the trading on AVZ is a tad suss. lowered VWAP for TO? Possibly... especially with ML almost complete.
Once that drops I reckon we can go either way... fly upwards or stagnate via suppression of SP for TO bid. I reckon at best we could get 50c if ML drops over next week or two. IMO. While it would be awful for us holders... I wouldn't be shattered if it's an option to acquire BHP shares. At least we'd be getting divvies straight up... but lose out on value.
GLTAH
AVZ Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held