Interesting to see that Sun Communities has recently invested close to A$ 2 billion buying a large UK holiday park business.
https://www.nasdaq.com/articles/sun-communities-to-add-park-holidays-uk-to-portfolio-for-%241.3b
I have a strong feeling that Australia will be next, Sun knows the INA business model intimately and they may well view current market weakness as well as consolidation of the recent large 1:4 share issue and large property expansion as a perfect time to move. This could also account for the recent resignation of Sun's CEO from INA's board in order to minimise conflict of interest issues.
Sun Communities goes International
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Last
$5.07 |
Change
0.140(2.84%) |
Mkt cap ! $2.066B | |||
| Open | High | Low | Value | Volume |
| $4.95 | $5.09 | $4.95 | $2.485M | 491.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2718 | $5.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.07 | 4143 | 2 |
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| INA (ASX) Chart |