AVB avanco resources limited

AVB Share Value, page-120

  1. 248 Posts.
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    Too early to be making calls like that Gyro. So many things could happen from here. OZL pull out (unlikely given 3 years chasing, AC excitement, and potential upside with $5b resource within reach). BR or one of the G's make a bid. A left field bid - Chinese, Vale, BHP, RIO - who knows. Centro alone is huge. OZL don't look like getting 50.1% so raise their bid. OZL get 50.1% and then want 100% so raise their bid. So many variables and so much time to let things play out. Of course - OZL and our "wonderfully loyal" BOD want you to believe it's a done deal so might as well just sell. I'll not be selling a single share at the low ball (almost offensive) 17c offer. NB: I have between 5-10m - won't disclose exactly. If we see OZL place another bid between 28-30c. THEN I would be thinking they will almost certainly get this across the line. Plenty of time. Plenty of possibilities.
 
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