Based on the Fin Review article posted on another thread, the article stated a future inspecies transaction will occur once the tax implications are sorted through with ATO. While i would have preferred a direct allocation into PEXA myself, this option is probably the second best outcome - while there is now an opportunity to more independently value PEXA on the exchange (i say more independently as CBA and LNK effectively control 60%) - there will always be opportunities to buy directly on the market. I am very happy that PEXA is still in our hands and not bloody KKR and other Private Equity firms.
Buckle up for a wild ride ahead. GLTA
LNK Price at posting:
$5.45 Sentiment: Buy Disclosure: Held