AVM 0.00% 2.0¢ advance metals limited

sold for a song to the chinese, page-4

  1. 10,621 Posts.
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    C$8 is the equiv of $A7.88 at the moment - how much is it going to cost to convert $C to $A for us Aussie holders?
    Probably no consideration given to that.
    The large break fees of over $50mil together with the 40% already lock-up by Minmetals ensures that there can be no third party offer.
    A disappointing end to a good 15year story.
 
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