Seems a sensible strategic move to me.Essentially the auctioneer saying "we're on the market and will be sold" with the TCI arrangement meaning a 2 month timeframe for better or best offer to come forward. Will flush out others bidders if they have interest in the assets at higher prices.
2 bidders at present. The highest bid, whatever that ends up being, will be what market price is for these assets.
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- Ann: Infigen Announces Recommended Takeover Offer from Iberdrola
IFN
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3.06%
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$1.11

Ann: Infigen Announces Recommended Takeover Offer from Iberdrola, page-24
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Last
$1.11 |
Change
-0.035(3.06%) |
Mkt cap ! $150.0M |
Open | High | Low | Value | Volume |
$1.12 | $1.12 | $1.11 | $16.41K | 14.71K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 895 | $1.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.16 | 996 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 895 | 1.115 |
2 | 42130 | 1.110 |
3 | 19000 | 1.100 |
1 | 125 | 1.080 |
1 | 30000 | 1.070 |
Price($) | Vol. | No. |
---|---|---|
1.155 | 996 | 1 |
1.185 | 1468 | 1 |
1.190 | 25000 | 1 |
1.200 | 34726 | 2 |
1.250 | 35000 | 1 |
Last trade - 12.17pm 07/08/2025 (20 minute delay) ? |
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IFN (ASX) Chart |