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.
We should ask ourselves this: If that US$50M were to be spent by...
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Last
$13.20 |
Change
-0.800(5.71%) |
Mkt cap ! $279.0M | |||
| Open | High | Low | Value | Volume |
| $14.00 | $14.00 | $13.11 | $947.2K | 71.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $13.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.35 | 300 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| AVR (ASX) Chart |