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Interesting. Astivita was de-merged from TWD in 2009. So it was...

  1. PetrStiff
    628 Posts.
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    10/08/23
    19:23
    Post #: 69277111
    Interesting. Astivita was de-merged from TWD in 2009. So it was already part of TWD back in the day but somehow not mentioned or reported on prior to the de-merger (from a quick perusal of annual reports prior) except very vaguely in the 2008 report. No reason is given for the de-merger either. Any comments from anyone? @spider5

    One would naturally assume the Astivita business is stronger now and its a good acquisition. But i am skeptical.
    https://hotcopper.com.au/data/attachments/5499/5499132-d0676604429f8f4745a967ca702a514f.jpg
    Last edited by PetrStiff: 10/08/23
    TWD Price at posting: $2.14 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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