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Dataroom in the Australian today is reporting that Gateway...

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    Dataroom in the Australian today is reporting that Gateway Lifestyle Group is considering a bid for Ingenia.

    They say: "If an offer did materialise, it’s unclear whether Ingenia investors would embrace an exit."

    It's an interesting question. It's a case of a bird in the hand vs two in the bush. Long term prospects for INA look very good but progress has perhaps been slower than anticipated, so a takeover would crystallise value.

    Anyone interested in the story should be able to read it by googling Ingenia and clicking through the first hit that mentions Gateway.
 
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Last
$5.60
Change
-0.020(0.36%)
Mkt cap ! $2.282B
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No. Vol. Price($)
1 11133 $5.59
 

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Price($) Vol. No.
$5.60 2806 1
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