I think the trend with these infra stocks has been one of consolidation and funds are hungry for exposure to these types of assets especially given the recent turnaround in renewable sentiment and govt stability. The Pac hydro transaction was in the media last week with IFN mooted as a potential next "cab off rank" play. With private equity cashed up and others looking it really would surprise me if this was around in 2017 and beyond. All my opinion of course DYOR.
Knackers
IFN Price at posting:
48.0¢ Sentiment: Hold Disclosure: Held