I would imagine that this will force AVO to extend the offer, which I feel it would have anyway.
With the offer now being unconditional people would have been leaving it to the last moment to accept through their broker.
With this trading halt in place until Tuesday the same day the current offer expires one feels that most people will wait and see what the upgrade is and what valuations arise from the upgrade in the following days.
This may be an announcement that puts the AVO offer even more out of favour than it currently is and 17% is not very much after all this time.
Remember once you accept the offer from AVO you don't get a second chance.
Very smart move by DIO one feels.
DIO Price at posting:
68.0¢ Sentiment: Hold Disclosure: Held