Also according to AFR, "Tilt is asking for $3B including debt."
So if we take that $3b/SIO = $7.975 per share in TLT at asking price.
$7.975 x 246, 394, 673 shares (IFT's ownership) = $1.96B for IFT's position --> Close to the high end of analyst's predictions. Then there's tax but that's not my forte.
On a more positive note, if TLT is removed from the portfolio there is less an incentive for a take-over.
Ann: Update on strategic review of shareholding in Tilt, page-6
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Last
$10.09 |
Change
0.440(4.56%) |
Mkt cap ! $9.826B | |||
| Open | High | Low | Value | Volume |
| $9.88 | $10.15 | $9.86 | $2.546M | 253.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 312 | $10.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.09 | 2843 | 19 |
View Market Depth
| Last trade - 15.55pm 17/06/2025 (20 minute delay) ? |
| IFT (ASX) Chart |