DIO 0.00% $1.27 dioro exploration nl

afr article - kpmg, page-22

  1. 1,216 Posts.
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    If people wish to send letters to whoever complaining about AVO let them go ahead, thats their choice, for me I have not seen anything out of the norm in these sort of takeover bids.

    My major complaint is the lack of information from DIO in regards to their final determination in all this and information about other offers, etc. Whilst I realise that much of this info is confidential, the AVO offer is set to lapse on the 21st ( yes I realise this may be extended) and shareholders need time to consider all the information so they can make an informed decision.

    So whilst I believe that the AVO offer is a low ball offer, if the offer is not extended, the large negative impact this will have on DIO share price will force me to take up the offer or sell on market.

    In summary, DIO let your shareholders know what is going on at least AVO are talking and informing DIO shareholders of what they believe which is better than nothing from DIO.


 
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