The vote pass recently 99.1% in favor of a merger with IOR, opens the door for ave to now become one of the largest retirement and aged care property trusts listed on the stock exchange it now will put the company into the ASX 300 which means more buying by the super funds that follow the index.
Also as property becomes popular again this will see this stock around $2 by the time the next dividend is due.
AVE Price at posting:
$1.49 Sentiment: Buy Disclosure: Held
