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?
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$17.97 |
Change
-0.235(1.29%) |
Mkt cap ! $345.3M |
Open | High | Low | Value | Volume |
$18.09 | $18.09 | $17.88 | $1.182K | 66 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 60 | $17.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.05 | 554 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 60 | 17.880 |
1 | 47 | 17.870 |
1 | 619 | 17.860 |
1 | 37 | 17.650 |
2 | 700 | 17.550 |
Price($) | Vol. | No. |
---|---|---|
18.050 | 554 | 1 |
18.100 | 1000 | 1 |
18.200 | 343 | 2 |
18.300 | 150 | 1 |
18.500 | 43 | 1 |
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