$15 At Least, page-4

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