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2.03% $2.41 tamawood limited

Ann: Half Year Accounts, page-28

  1. PetrStiff
    628 Posts.
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    10/08/23
    19:34
    Post #: 69277275
    Actually the reason for the de-merger is given but only in 2010. TWD anticipated that Astivita could expand and profit shareholders by servicing competing builders. This has proven not to be the case as 90% of Astivita sales today are to TWD.

    They also suggest that TWD takes on more risk by de-merging as the business becomes less diversified and more prone to acute economic impacts.

    so.... the reasons given for the de-merger in 2009/2010 support the merger in 2022/2023!



    https://hotcopper.com.au/data/attachments/5499/5499157-b17832b74dc8e5c2daddc1764b030dd6.jpg

    TWD Price at posting: $2.14 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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