DIO 0.00% $1.27 dioro exploration nl

re: Ann: MDA and accounts for the period ende... I hold neither...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,446 Posts.
    re: Ann: MDA and accounts for the period ende... I hold neither AVO nor DIO, only have a passing interest in the current activity between the two because the bulk of my holdings are in other goldies

    few queries / comments

    1 - the MDA does not appear to mention at all the pit wall failures - surely this cannot be right?

    2 - my understand was that AVO has less debt than DIO (with respect to the comparative size of the two companies)

    3 - as emphasised by KPMG in their ASIC responses, any third party takeover of DIO would need to get over AVO's current shareholding - i would realistically see the DIO sp settling somewhere between the current price (70c) and the pre-bid price if it doesn't get across the line

    4 - no one is arguing over the AVO bid beingopportunistic (all takeovers are)

    its been fun watching this one play out after watching regis.. wonder what goldie will become a target next?
 
watchlist Created with Sketch. Add DIO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.