I'd expect $8-9 a share will be the final offer either from AusSuper or an alternative. Infratil is mostly held by institutional investors, so short-term gains will give them big bonuses. That's the problem here.
As much as I'd like AusSuper to walk away if the board recommended a rejection I highly doubt that'll be the case because of how scarce these types of assets are.
Let's just wait for tomorrow to get all the details. I do think either this offer or the next will see the end of Infratil unfortunately.
The question now is, where else do you go to get quality assets like this? I see we are keeping Trustpower (a hydro play).
Any other recommendations similar to IFT?
Cheers,
Dalto24
$15 At Least, page-4
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Last
$11.08 |
Change
0.180(1.65%) |
Mkt cap ! $10.70B | |||
| Open | High | Low | Value | Volume |
| $10.91 | $11.13 | $10.81 | $3.198M | 289.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 875 | $11.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.15 | 2318 | 5 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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