Actually the reason for the de-merger is given but only in 2010. TWD anticipated that Astivita could expand and profit shareholders by servicing competing builders. This has proven not to be the case as 90% of Astivita sales today are to TWD.
They also suggest that TWD takes on more risk by de-merging as the business becomes less diversified and more prone to acute economic impacts.
so.... the reasons given for the de-merger in 2009/2010 support the merger in 2022/2023!
Actually the reason for the de-merger is given but only in 2010....
Add TWD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.00 |
Change
-0.020(0.66%) |
Mkt cap ! $113.0M | |||
| Open | High | Low | Value | Volume |
| $3.02 | $3.05 | $3.00 | $26.78K | 8.824K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2139 | $3.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.04 | 7000 | 2 |
View Market Depth
| Last trade - 15.32pm 15/11/2024 (20 minute delay) ? |
| TWD (ASX) Chart |