After reading just about all the different quotes on how the compulsory aquisition will play out, I’m a bit vague on the exact results but I’m fairly sure that they will breach the 90% and and I’ll get the same deal as the others ( cash + script).
I would think that Ozl wouldn’t drop by approximately half, in my view, that’s a bit extreme but not necessarily impossible.
My guess would be that Oz could dip into the $8’s?
I wouldn’t rule out the potential for it to go up either ( after a shortish, time. I don’t think they would announce a stack of great Brazilian news a day or two after the offer closed?) after all, they just picked up some red Hot ground.
I’m not being a team player by holding on but as I believe that most companies keep an eye on HC to see what “plebs like me” are thinking, I’m letting them know
My worst case scenario ( besides some cataclysmic events) is that I’ll get the same deal as all the good mummies and daddies but I’ll have to wait a bit longer than those less troublesome types.
I don’t know how irritating it will be for Oz but as I’ve said many times, I’m being a bit childish/spiteful and it’s the only arrow left in the quiver.
AVB Price at posting:
17.3¢ Sentiment: Buy Disclosure: Held