Not sure what you mean ? For an investor looking at a two year chart...the price seems to have been relatively stable, 690 - 740 odd for most of this year ?
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IFT have been relatively quite post their AGM, wonder what they have installed for with that pile of cash from TILT
Probably because it's gone nowhere for the last couple of months while everything else has jumped upwards.
Not sure if this was disclosed already, came across this in another article.
Ironically, as Kordia pulls out of the Australian telecommunications infrastructure market, Morrison and Co is charging in.
The Infratil manager is teaming with a group of Australian investors to buy 49 per cent of Telstra's mobile towers business, which owns more than 8000 mobile towers across Australia.
https://www.nzherald.co.nz/business/...VNXHWKYC5REPY/
As an IFT shareholder - something to ponder "In its client newsletter, Craigs Investment Partners wrote: "We understand the return expectations for the investment sit below Infratil's 12 per cent international hurdle so was not considered for the portfolio" however it was an "impressive deal for the [Morrison & Co] team that expands their insights in [the] telco space which will no doubt influence the NZ landscape in the future."
NBR headline today (I don't have a subscription) -
Speculation mounts over Infratil Aussie healthcare play - M-Co and Infratil keeping mum on bid for Aussie cancer care provider.
Bubbling for a few months
https://www.afr.com/street-talk/morr...0210623-p583ev
Looks like its getting closer:
-Icon Group: Operates 30 cancer care centres across Australia as well as servicing Singapore, HK, China and Vietnam
-Asking price expected to be around A$2b
-Earns a margin of more than 20%