Seeing that AVO's offer closed on 19 Aug and is final and cannot be extended, for what purpose would DIO directors announce next week that they support AVO? A bit too late for that I would have thought.
Seeing that AVO apparently failed to reach a 50% holding in DIO after a 4 month struggle why would they then turn around and take on another acquisition like IGR straight away?
Do you really think that the drawn-out and as-yet-inconclusive DIO exercise has been positive for the reputation of AVO's management team?
DIO Price at posting:
72.0¢ Sentiment: None Disclosure: Not Held
