Thanks Russ for the info. I didn't know BOD threads were still listed. The deal doesn't change.The information supports my case. Your first reply to me was that at the time Allied was worth (m$) 14.8 and BOD (m$) 47.8. Therefore BOD brought 3 x the value to the table.
BOD had 188 million shares on issue yet paid Allied shareholders 428 million shares giving Allied shareholders 70% of The new merged company. Issued shares now at 611 million. If I recall a CR was done shortly after the merging of the 2 companies.
Allied claimed to have a profitable medical supply business and I noticed Lee Rodne was quoted as saying that he expected to increase the medical supply business to 20 to 30 million in 3 years.Stated in Biotech Daily May 2011.
That didn't happen. All he did was capital raise and dilute.
Global future, page-37
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AVR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.75 |
Change
-0.250(1.67%) |
Mkt cap ! $305.4M | |||
| Open | High | Low | Value | Volume |
| $14.50 | $14.94 | $14.25 | $654.2K | 45.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 632 | $14.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.83 | 118 | 1 |
View Market Depth
| Last trade - 12.48pm 05/08/2024 (20 minute delay) ? |
| AVR (ASX) Chart |