Quoted from AFR:Brookfield’s managing partner and Asia-Pacific...

Quoted from AFR:
Brookfield’s managing partner and Asia-Pacific chief executive Stewart Upson says the market clearly expects the group’s offer will be raised but “we haven’t had any engagement with the company in that regard”.Market expectations of a higher bid are reasonable given Brookfield is funding the offer through its $15 billion carbon transition fund. Cannon-Brookes refused to reveal his percentage share of the consortium, but he tells Chanticleer it is “significant”. The Prime Minister Scott Morrison revealed Brookfield owns 80 per cent of the consortium which suggests Cannon-Brookes is in for $1 billion.“It’s about the opportunity, right?” Cannon-Brookes says.

With Atlassian shares listed on NADAQ enjoying "tech stocks" PE ratio and AGL shares dumped by moral funds such as Norwegian The Fund to "dirty coal" PE ratio, Sure, there is definitely an opportunity here.

Think about this, AGL has 4.5m customers, 16,000ha land and 20% equity of PowAR which acquired Tilt Renewables becoming the largest private developer and generator of renewable electricity in Australia. All the central banks had poured the cash like crazy in the last 2 years. Those cash s stayed on people who received them for 2 seconds and then got channelled into all sorts of funds & mega riches' pockets. Those people had accumulated all the cash in the last 2 years knowing the inflation is coming and interest is going up. Therefore, they are now buying utilities companies around the world. They know they can count on utilities companies to get through inflation and get ready for the next cycle.

Cannon-Brookes and people like them are obviously smart and savvy, but environmental friendly, please~~