IFT 2.24% $10.03 infratil limited.

Just saw on The Australian QIC's PowerCo strategic review and...

  1. 1,971 Posts.
    lightbulb Created with Sketch. 290
    Just saw on The Australian QIC's PowerCo strategic review and I'm wonder if IFT or Manawa will go for it. I think it would be a logical and strategic fit for Manawa. Would mean we control power from raw to door.

    My thinking was Infratil might do a similar structure to FortySouth, whereby hold majority in Manawa and joint onwership in PowerCo. Additionally, PowerCo owns all the poles and wires which is one of those "levers" Infratil likes in an aquisition

    Looking forward to a good year. Hoping those renewable platform vaulations increase this year as pipeline projects get closer and begin to be included in said values.
 
watchlist Created with Sketch. Add IFT (ASX) to my watchlist
(20min delay)
Last
$10.03
Change
-0.230(2.24%)
Mkt cap ! $9.386B
Open High Low Value Volume
$10.26 $10.30 $9.97 $3.427M 337.6K

Buyers (Bids)

No. Vol. Price($)
1 100 $9.99
 

Sellers (Offers)

Price($) Vol. No.
$10.03 386 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
IFT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.