INA 1.59% $5.10 ingenia communities group

Ann: Acquisitions and Capital Raising , page-2

  1. 191 Posts.
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    Bit of a good news / bad news story

    Great that they have identified a large number of opportunities and that the raising is only a small discount to the market price.

    Not so sure that I want a capital raising with every expansion particularly at a discount to true NTA as this dilutes some of the upside of the existing assets and acquisitions. Hopefully it is a one off.

    Does highlight the opportunity cost of not being able to get the NZ Students deal away earlier.
 
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