DIO 0.00% $1.27 dioro exploration nl

I believe it's just tracking the RMS SP.I sold out 3 weeks ago...

  1. 2,668 Posts.
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    I believe it's just tracking the RMS SP.

    I sold out 3 weeks ago and now staying with RMS. All this talk about arbitrage was a bit of nonsense but DIO was a little illiquid for me. Sure some people may have got a few bucks but now I am throwing my weight behind the RMS bid mainly because I don't trust the people at AVO.

    Any way you look at it the risk to the downside is not as great because if DIO do get a better offer which is unlikely now then RMS will participate and RMS holders will benefit.

    RMS are a major SH now so they have a say in the direction of the company. I am hoping that RMS become the majority SH as I would rather them run RMS that AVO. Sorry to see all those who sold out premetuely.

    Cheers
    BW
 
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