Of course dud companies/dud management can hide shareholder wealth destruction through a consolidation, but how is AUC even dragged into that inappropriate and ridiculous comparison?
I don’t understand how one can merely state an example of a dud company and thereafter conclude consolidations don’t work. It’s inductive reasoning at its most fallacious.
Anyway, buy or don’t buy, own or don’t own…
GLTAH
Ann: Proposed Consolidation of Capital, page-52
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55.0¢ |
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Mkt cap ! $194.1M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.5¢ | 54.0¢ | $241.3K | 442.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 49935 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 8667 | 1 |
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