AVZ
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0.00% 18.5¢ avz minerals limited

Another common before a takeover bid, the buyer is usually...

  1. 8horse
    26,847 Posts.
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    02/03/19
    19:08
    Post #: 37631989
    Another common before a takeover bid, the buyer is usually buying a large stake on-market, under 20%, then make a takeover offer at premium.
    Latest examples: MYOB takeover from its 17% shareholder, KKR.
    Gina bought 19.96% before launched a takeover offer for AGO.

    If offers were formal, we would see some substantial holder notice first, imo.
    AVZ Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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