DIO
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0.00% $1.27 dioro exploration nl

reject avoca’s all scrip offer, page-4

  1. sostool
    115 Posts.
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    28/05/09
    22:40
    Post #: 5216691

    Thanks Williow,

    I have read the Statement and am I correct in saying we (holders) are worse by $59 for every 1000 shares at the current offer (see calcs below)?

    Offer 1 x AVO for 2.82 DIO
    Assume holder has 1000 shares, therefore AVO shares equals 355 AVO shares

    Value at current price (as at 28/5/09)
    Price Qty Value
    DIO 0.68 1,000 $680
    AVO 1.75 355 $621
    Variance in Value $(59)
    DIO Price at posting: 68.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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