GR,as posted when tls sells 49% of infraco they r going to have approx $12/14b plus in cash. As u suggest there r some interesting potential acquisitions.I hope tls makes a serious profitable acquisition because tls will need that to replace the infraco revenue. The problem as i c it is tls's culture.Example cannon brookes didn't buy agl because to much fossil baggage so last i read he is looking at origin. As posted many times i feel red energy,even energy Australia would b good for tls but they have gas /coal assets and i just can't see tls owning fossil assets. (red energy should b ripe for acquisition as snowy 2 costs blow out). For me i would like nothing more than tls to become the best/superior leading Australian and serious asian telecommunications 'utility' and jv not control technology co's. As posted many times,telecommunications and energy r a great utility fit as long as unproven ideology does not influence acquisition decision making. Add to previous posts. gltahs with 1H report.
TLS Price at posting:
$4.01 Sentiment: None Disclosure: Not Held
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