the $AUD funds to be received in the 2nd half of this calendar year .
the transaction valued the 150 klm road at $2.7billion for 100%. A good position.
all dual lane, fully sealed, fully fenced, plus installation of fibre optic cabling to support future autonomous transport.
the announcement in June revealed the transaction to have “after tax” value to MIN of $1.2billion.
If financial stress was at the level that some are pitching then MIN has option of selling the whole road.
think we are in safe hands - deleveraging will be significantly clearer by year end.
True value around $15-$18, page-33
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Last
$35.31 |
Change
0.360(1.03%) |
Mkt cap ! $6.939B | |||
| Open | High | Low | Value | Volume |
| $34.65 | $35.39 | $34.62 | $86.23M | 2.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $35.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $35.35 | 300 | 1 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| MIN (ASX) Chart |