May be a stupid question but how is AAC trading at nearly half its Net Tangible Assets number ($2.55)?
In simplistic term couldn't someone buy the company and then sell all the assets to make a few hundred million dollars. You'd loss money on the buy premium and then some on the sale price, but it seems weird that the SP is so far below NTA.
May be a stupid question but how is AAC trading at nearly half...
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Last
$1.38 |
Change
-0.030(2.13%) |
Mkt cap ! $831.8M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.41 | $1.38 | $242.3K | 174.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1999 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 17000 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| AAC (ASX) Chart |