IFT’s largest shareholder wants the company to engage with AustralianSuper:
https://businessdesk.co.nz/article/infrastructure/acc-pushes-infratil-to-talk-with-australiansuper
Appears that ACC see the offer as pretty good value. ACC have been pushing IFT for some time on the Morrison & Co management fee arrangements, so maybe see this scheme of arrangement as a good exit strategy. I guess time will tell if other institutional shareholders share ACC’s view on value and the manager arrangements.
Ann: Strategic review of shareholding in Tilt Renewables, page-37
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Last
$9.92 |
Change
-0.080(0.80%) |
Mkt cap ! $8.305B | |||
| Open | High | Low | Value | Volume |
| $10.01 | $10.05 | $9.92 | $1.324M | 132.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $9.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $10.27 | 434 | 1 |
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| Last trade - 16.10pm 12/06/2024 (20 minute delay) ? |
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Last
$9.96 |
Change
-0.080 ( 0.74 %) |
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| Open | High | Low | Volume | ||
| $10.04 | $10.05 | $9.94 | 9352 | ||
| Last updated 15.59pm 12/06/2024 ? | |||||
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