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from another dio thread>>>>At the close of the market yesterday,...

  1. elee
    11,549 Posts.
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    19/08/09
    15:55
    Post #: 5528360
    from another dio thread
    >>>>
    At the close of the market yesterday, Ramelius’s proposed bid valued Dioro at around $A93.4 million or $1.02 per share, while Avoca’s offer valued Dioro at $68.5 million or 75c per share.<<<<

    given the proposed value is at least 75cents- why would the share trade as close as 71 cents today?
    DIO Price at posting: 72.0¢ Sentiment: LT Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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