I have said before that if AVO falls short that they will take a Board seat(s) and chip away form inside. Some counter that by saying their stake will be diluted within Ramelius, doesn't matter - they will still chip away.
From AVO's statement.. "As Dioro’s major shareholder, Avoca intends to take an active interest in the affairs of Dioro."
Take the silly emotion out of it and decide how you are best placed to make money out of this situation. If you really do think Ramelius and Dioro will have the liquididty for you to get out when you want and the substance to maintain the price after the excitement dies down, then good on you. My view is the liquidity and medium term substance is with AVO - but then again...
DIO Price at posting:
73.0¢ Sentiment: ST Sell Disclosure: Not Held