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
I'd expect $8-9 a share will be the final offer either from...
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Last
$11.29 |
Change
0.020(0.18%) |
Mkt cap ! $10.91B | |||
| Open | High | Low | Value | Volume |
| $11.01 | $11.50 | $11.01 | $4.558M | 404.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 477 | $11.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.40 | 100 | 1 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| IFT (ASX) Chart |