Ok thanks!So I'm guessing that if one of its 'subsidiaries' gets...

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DoctorGeorge

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22/03/21

16:53

Post #: 51952531
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Originally posted by bug1: ↑

My understanding is that we will vote on the restructure, not on any sale/float, but the restructure will help facilitate any sale or float, separate accounting, independent management etc.
Shareholders own the holding company, and the holding company own the subsidiaries, when a subsidiary is sold the holding company (owned by us) gets the proceeds. Its only if one is floated would it get its own ticker.

They mention they will canvasing offers for Infraco Towers, so thats like to be a sale to a super fund, or private investors, i think floating is way more complex, so would have extra costs associated with it.

(I recently learnt that Australian Super funds are worth more than the entire market cap of the ASX)

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Ok thanks!
So I'm guessing that if one of its 'subsidiaries' gets sold off, to say a super-fund, then shareholders get a special dividend?

TLS Price at posting: $3.25 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $4.95		Change 0.040(0.81%)		Mkt cap ! $56.35B

Open	High	Low	Value	Volume
$4.92	$4.96	$4.92	$63.18M	12.77M

Buyers (Bids)

No.	Vol.	Price($)
8	39606	$4.94

Sellers (Offers)

Price($)	Vol.	No.
$4.95	76431	1

View Market Depth

No.	Vol.	Price($)
5	38779	4.940
7	59634	4.930
3	10300	4.920
13	19844	4.910
20	87736	4.900

Price($)	Vol.	No.
4.960	194501	16
4.970	59831	18
4.980	303137	35
4.990	461401	73
5.000	1170291	237

Last trade - 16.18pm 28/07/2025 (20 minute delay)

TLS (ASX) Chart

Ok thanks!So I'm guessing that if one of its 'subsidiaries' gets...

Monday's HotCopper trends: Boss guidance, Botanix quarterly | July 28

Clarity confidence – and share price – up on bumper $203M institutional placement

Boss tanks -42% after quietly flagging 'potential challenges' for Honeymoon

ASX Market Close: New week sees local bourse snaps 2-day losing streak | July 28

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

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Ok thanks!So I'm guessing that if one of its 'subsidiaries' gets...

Top Stories

Monday's HotCopper trends: Boss guidance, Botanix quarterly | July 28

Clarity confidence – and share price – up on bumper $203M institutional placement

Boss tanks -42% after quietly flagging 'potential challenges' for Honeymoon

ASX Market Close: New week sees local bourse snaps 2-day losing streak | July 28

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

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