360 will soon be cashed up following IAP (assuming that this is a done deal, and now just in the approvals/regs process). Could be great timing given the ASX is beaten up - particularly the businesses that they 360 target (Property/FM business).
I'm interested if they still have on eye on Peet (PPC) which 360 traded quickly in 2020-21 for a profit - given that entry was $1.00, and Peet's earnings have been upgraded since then, would assume that it's still on their radar.
AOF (Australian Unity) - possibly? It has been on the fall since the merger failed, and a takeover was rejected a few years back. AOF has since woken up a bit - looking to sell of assets, possible wind up, but at a discount to NTA, (and also a reduced NTA on some revals) - looks well-priced atm.
No mention from 360's mgmt at latest update, but always interesting to see what they'll try next. 360 is an easy hold even in the choppy market.
TGP Price at posting:
91.0¢ Sentiment: Hold Disclosure: Held
