AZJ 1.15% $3.51 aurizon holdings limited

Ann: Agreement for acquisition of One Rail Australia, page-29

  1. 5,536 Posts.
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    funny that MacQ gave AZJ a big thumbs up the other day: undervalued they said - worth $4.30; then they sold this to us

    there is no way a hotcopper typer can work out the i's and t's of this deal; but on a macro

    1) MacQ likely got a good price; that is what they do
    2) AZJ bought for all the right reasons; and they have been shrewd (well overly steady) for a long time
    3) Mr Market never seems to like the BUYER of an asset, and mark it down; we should fall 6%... umm, why?

    I bought some more at auction for 3.65; seems a very solid company in a very (soon to be) unsolid world

    Last edited by danhoff: 22/10/21
 
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