B1212 SAYS/thinks:
This week the coy will be in a lengthy trading halt.
We all know bids are in and are being soughted/picked to present to the board as we express our thoughts / predictions.
According to the net MR has stated bids are in at "no shock value" or at "no standout value".
We all know the coy was offered $4.40 and the bids will not be near that level. NOT in this MARKET.
It seems likely the bid is around the MID $2.50 mark....maybe even $2.12 lol :)
It is very positive to see and hear that the board will do its best for all shareholders. Surely it should be a WIN/WIN for all of us.
Remember guys their are still shareholders who bought this stock at $5, $6, or even $9-$10 levels??.wow!
If the board says the bids are low than what they expected yes there will be an equity raising and a partial sale. BUT not necessarily the sp will drop to that whatever level of which the equity was/is to be raised at.
The debt gearing will be reduced. More comfort for the coy during these volatile times.
If insto's come into the picture which they will..anticipate that the sp will be around the $3-$4 mark around late this year early next year. But of course they must still pay divis.!YES divis must be paid! If theres no divis B1212 is afraid to say that most investors will dump the stock. sorry guys! If divis still to be paid these prices are the LOWS WE ARE SEING.
AIO is one of those stocks which can change investor sentiment in a very short period of time. This time it may change it in a one single trading day during this week...
thats B1212 $2.12 worth.
DYOR BUY sell HOLD trade AIO at OWN risk.
please reply to this post if you can...like to see hear everyones thoughts.........ty
B1212 SAYS/thinks:This week the coy will be in a lengthy trading...
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