We should ask ourselves this: If that US$50M were to be spent by MSAC’s investors in purchasing AVR on-market in Australia, what would the share price be? Astronomically high, I suggest, for the benefit of all of us existing Australian shareholders. Now, if this merger goes ahead, who gets US$50M worth of shares in AVR, and at what price? At the current share price, or even at a matey discount? They can absolutely forget it, if that is the case. Let them buy on-market or offer proper value for AVR’s true potential. I agree it is early days. But they will have to be pretty darn persuasive in my opinion. Still a no from me.
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Last
$18.00 |
Change
0.000(0.00%) |
Mkt cap ! $346.0M |
Open | High | Low | Value | Volume |
$18.00 | $18.10 | $17.70 | $58.64K | 3.27K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 109 | $18.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.10 | 700 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 109 | 18.000 |
1 | 25 | 17.800 |
1 | 48 | 17.750 |
1 | 220 | 17.700 |
1 | 26 | 17.650 |
Price($) | Vol. | No. |
---|---|---|
18.100 | 700 | 1 |
18.300 | 150 | 1 |
18.500 | 43 | 1 |
18.690 | 550 | 1 |
18.750 | 143 | 1 |
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