Richard Williams comments on the merger news in Patrick Sanders’ article:
“AIRE has struggled to gain any traction with investors – being too small and its shares too illiquid – and so it has been a potential M&A candidate for a long time..AEWU has been a retail investor darling due to its high dividend payout, but it has also struggled to grow, with the board and management making no secret of their desire to expand.”
Read the article here