What is the bet that Australian Super were one of the "interested parties" to the sale of TLT shares... then saw the quality of assets held by IFT and went a step further????
Agree - first offer should be dismissed here as opportunistic / undervalued... but I feel that this could be the beginning of a bidding war - IF Morrison & Co consider it worthwhile exploring what the company would be worth to another party.
$5 billion for CDC
$1 billion for TLT
airport
Qscan
Longroad
TrustPower (looks to be getting spun off as part of the deal)
....
Plenty that has not even put on the table for valuation
Ann: Pause in Trading, page-11
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Last
$9.72 |
Change
-0.130(1.32%) |
Mkt cap ! $9.394B | |||
| Open | High | Low | Value | Volume |
| $9.90 | $9.90 | $9.71 | $1.572M | 160.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 154 | $9.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.77 | 508 | 1 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| IFT (ASX) Chart |