ATR 4.55% 63.0¢ astron corporation limited

Ann: Intention to redomicile - supplementary anno, page-7

  1. 29 Posts.
    re: Ann: Intention to redomicile - supplement... Agree with your concerns Sirloin and to add a couple more:
    - 22,700 shares were exchanged Wednesday and according to the announcement this morning all were purchased through the share buyback plan after the shareprice had dropped approx 10 cents. Concerning for two reasons, what would they have dropped to without the buyback plan and secondly there weren't any interested buyers at all.
    - second concern is the statement, "possible demerging and listing on the HKEx of Astron’s mineral sands business". To me this means that the mineral sands components (which is why I'm in the company anyway) can be separated from ATR and listed only on the HK Ex.

    Agree an option for minority holders to be bought out for a fair price seems a reasonable solution.

    Thanks for your thoughts,
    Chris
 
watchlist Created with Sketch. Add ATR (ASX) to my watchlist
(20min delay)
Last
63.0¢
Change
-0.030(4.55%)
Mkt cap ! $107.8M
Open High Low Value Volume
63.0¢ 63.0¢ 63.0¢ $165 262

Buyers (Bids)

No. Vol. Price($)
1 238 63.0¢
 

Sellers (Offers)

Price($) Vol. No.
70.0¢ 1000 1
View Market Depth
Last trade - 15.34pm 29/07/2024 (20 minute delay) ?
ATR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.