Also according to AFR, "Tilt is asking for $3B including debt."
So if we take that $3b/SIO = $7.975 per share in TLT at asking price.
$7.975 x 246, 394, 673 shares (IFT's ownership) = $1.96B for IFT's position --> Close to the high end of analyst's predictions. Then there's tax but that's not my forte.
On a more positive note, if TLT is removed from the portfolio there is less an incentive for a take-over.
Ann: Update on strategic review of shareholding in Tilt, page-6
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$10.72 |
Change
0.150(1.42%) |
Mkt cap ! $10.50B | |||
| Open | High | Low | Value | Volume |
| $10.57 | $10.77 | $10.54 | $4.885M | 455.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 552 | $10.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.77 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| IFT (ASX) Chart |