Management just wants to run the company. And is doing very well.
The consolidation was a request from three of the largest shareholders.
The same share holders I would think that so cynically diluted the shares when Bio-MD and Allied merged.
If there is no consolidation the share price should take care of itself with results. However a dividend may be a long time coming. Probably what the major's are thinking.
A 10/1. Consolidation will drive a lot of players out and with the demand staying the same but a drastic reduction in supply / easy to work that out.
But will the share price increase to $1 , if we stay as we are now , sooner than the share price will reach $10 if the consolidation takes place?
Ann: Consolidation/Split - AHZ, page-46
Add AVR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.90 |
Change
1.050(9.68%) |
Mkt cap ! $251.5M | |||
| Open | High | Low | Value | Volume |
| $11.00 | $11.90 | $10.85 | $504.4K | 45.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $11.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.90 | 99 | 1 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| AVR (ASX) Chart |