Well done Holders Now we have it. POSITIVE thinking its no...

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31/01/18

18:29

Post #: 30712558
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Originally posted by Acgm ↑

Have I got this right .... for every X shares in AUZ we could get Y shares of the spin off entity but still retain the X shares of AUZ. At the same time the underlying assets of X would reduce somewhat as assets are transferred to the new entity but of course underlying assets of new entity increase by that same amount. There’s thus no “reduction” in number of shares in AUZ but asset value of the X shares in AUZ has dropped slightly - in that vein there is thus a “dilution” of the value of the X shares (not by proportion of shares of AUZ held but by asset value reduction). That drop in underlying value of AUZ ought though be equivalent to the new asset value you hold by the Y shares in the new entity ——- subject to how many shares are issued in total in the new entity and how much extra asset value comes in with the deal. Does that sound correct? If so, cool ... just splits the risk of the investment to two entities which both have potential to climb, fall, produce greater SH value, issue div, be bought out etc etc... Problem might be if the value of asset removed from AUZ was great (so the X shares lose a decent amount of underlying asset value) and the number of shares in the new entity are too great with too little extra asset value coming into the new entity so that your (X by SP of AUZ) + (Y by SP of new one) is less than (X by SP of AUZ prior to spin off....). That “simple” maths of course assumes that the market is being pragmatic and sensibly valuing the SP of each (hahahahahaha).

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Well done Holders Now we have it. POSITIVE thinking its no longer doom & gloom .

AUZ Price at posting: 10.0¢ Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last 0.7¢		Change -0.001(6.67%)		Mkt cap ! $9.789M

Open	High	Low	Value	Volume
0.8¢	0.8¢	0.7¢	$6.054K	774.8K

Buyers (Bids)

No.	Vol.	Price($)
33	6845529	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	3688795	12

View Market Depth

No.	Vol.	Price($)
33	6845529	0.007
33	45024111	0.006
16	32250199	0.005
9	8654750	0.004
3	2791928	0.003

Price($)	Vol.	No.
0.008	3688795	12
0.009	2064564	8
0.010	2973131	21
0.011	4747820	12
0.012	4135705	7

Last trade - 10.31am 03/10/2024 (20 minute delay)

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