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.
IFT up 10% today, page-3
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Last
$9.65 |
Change
-0.060(0.62%) |
Mkt cap ! $8.059B | |||
| Open | High | Low | Value | Volume |
| $9.75 | $9.75 | $9.64 | $213.4K | 22.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 300 | $9.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $9.67 | 1303 | 4 |
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| Last trade - 11.59am 13/05/2024 (20 minute delay) ? |
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$9.65 |
Change
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| Open | High | Low | Volume | ||
| $9.71 | $9.71 | $9.65 | 2038 | ||
| Last updated 12.29pm 13/05/2024 ? | |||||
| IFT (ASX) Chart |