I guess it is difficult for us to assess the impact on the bidders from the latest Trump led market collapses and impacts on trade. Does it change their thinking, their ability to raise finance, maybe now cheaper targets elsewhere etc.
However, I would expect that the Australian super industry would be largely unaffected by the tariffs etc. (maybe through a bit of a global growth downturn, but probably a few steps removed). .
There are guaranteed increases in funds going into Super, with it going to 12.5% and through pay increases already built into awards for the next couple of years. So maybe the bidders will see this as a safer industry than many others for the next few years.
Also, the Aussie dollar has fallen around 5% in the last week/month, so their bids are more affordable.
So, I am hopeful that the bids will remain on track and I feel that $5 after the last few days will be a great result.
IFL Price at posting:
$3.93 Sentiment: Buy Disclosure: Held
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