David25
What AVO is saying is that they will not accept the RMS offer, and therefore RMS cannot obtain more than the 80% of DIO.
The consequence of that is that there is no rollover relief for DIO shareholders accepting the offer. It is the tax regime, not AVO that is responsible for the problem. AVO have a legitimate right to accept or reject the offer on behalf of AVO shareholders.
David25What AVO is saying is that they will not accept the RMS...
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