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....
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Last
$3.13 |
Change
0.040(1.29%) |
Mkt cap ! $114.8M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.13 | $3.05 | $65.01K | 21.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1661 | $3.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.13 | 13948 | 1 |
View Market Depth
| Last trade - 15.45pm 01/05/2024 (20 minute delay) ? |
| TWD (ASX) Chart |