We were hoping THL ($320 mill MC) buys ATL ($60 mill MC), but the cheap 2 year debt means ATL is no longer distressed enough to allow itself be taken over, so we're stuck with the Trouchets. Hopefully they've learnt after their ludicrous attempt to take over the world from Northgate Brisbane went slightly pear shaped .
I still reckon this is one of the lower risk ways to double your money on the ASX at the moment (maybe even triple), border closures etc keeping the price depressed despite the vaccine breakthrough.
ATL Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held
