Guessing this one might have a while to play out, weeks, months, years?
Short of a market pull-back, can't see SLC closing below $1- from here. Its never been about the EBIDTA, its the infrastructure, shareholders paid for it and shareholders should be rewarded. What ABB has done for now is pick up a very good 20% investment, or so the the market thinks.
disallowed/business/amcom-launches-share-raid-on-iinet-and-snatches-a-19-9-percent-holding-20060601-gdnntv.html
https://itwire.com/it-industry-news/telecoms-and-nbn/tpg-makes-$157-billion-move-for-iinet-199-shareholding-in-amcom.html
https://www.minterellison.com/articles/a-tale-of-two-telcos-matching-rights-and-blocking-stakes-in-recent-schemes-of-arrangement
Ann: ABB: Non-Binding Indicative Offer for Superloop, page-35
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Last
$1.61 |
Change
0.055(3.55%) |
Mkt cap ! $804.2M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.61 | $1.55 | $1.420M | 901.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 1495 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SLC (ASX) Chart |