Australia's largest stock trading and investment forum Australia's #1 stock forum

AIY

Click for more information

0.00%

3.0¢ authorised investment fund limited

30c share value, page-2

First 2 Last

Share
Profile

Follow
HollandPommy

25 Posts.

11

03/03/19

04:26

Post #: 37633395
Share

Originally posted by fixer941: ↑

so I'm a little confused about the issuing of shares to the prospective new shareholders should the gold mining takeover go ahead. can someone help me understand how the new shares are valued at 30c vs market price of circa 8c? and the effect this will have on market purchased stocks. From what l understand, the takeover will slightly lower share price when/if it goes ahead later in the year but hopefully only in the short term until the new acquisition "comes good" and adds value to aiy. lt was great to see some profits In the half yearly and it looks like things should only head up from here as the major investments start realizing profits. further, does anyone know anything about "pizzey w.i.f."? my research is turning up nothing but a company delisted some years ago, but it's still showing as a current investment on the report!

Expand

hi, it means the company will accept ordinary shares at at value of c30,they will be the same class of share that you and I own. Clearly the market price of c8 is the wrong price. I expect to see a large uplift in share price next week plus further announcements. These are exciting times for AIY shareholders.

AIY Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HotCopper Highlights: Your most watched stocks for Week 47, 2024

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

First 2 Last

Add AIY (ASX) to my watchlist