Share
3,328 Posts.
lightbulb Created with Sketch. 213
clock Created with Sketch.
12/03/19
18:18
Share
Originally posted by qball
↑
Thanks for your considered reply. 10cps per share might be what they offer but I think there is zero chance of that price being recommended or accepted. I don’t think management and AG (who hold +17%) plus a fair contingent of large holding retail holders would even entertain anything below 25cps. Would be good if they did make an offer soon though just to get the ball rolling.
Expand
If a FORMAL offer at 8 cents per share is made AVZ will need to advise SH of it. No ifs no buts no maybes. They dont have to recommend acceptance of the offer.