RMS has close to 30% which is a personal decision milestone I set to accept the offer.
I would urge all DIO holders now to accept the RMS bid for the following reasons
To give RMS a majority holding over AVO who have been disingenuous with their bid.
If you accept you can still participate in a higher offer from RMS. If DIO do well you can still participate in DIO's success.
If a higher offer is made for DIO and RMS accept it which in turn will benefit RMS shareholders.
To me the risk of in a minority group shareholding is too high. I think that RMS will extend and mop up the rest as they will get well over 30% by Monday.
Please don't go on about how either RMS or DIO suck and management is the pits or the resource is unproven blah blah blah. There is a high order of priority at work here and that is we need a majority holder over AVO.
Cheers BW
DIO Price at posting:
80.0¢ Sentiment: Sell Disclosure: Held