Originally Posted by
Southern Lad
Trade today of 777,229 shares (approx 1.88%) at 80 cents per share. Given the Vocus takeover by Macquarie Infrastructure and Real Assets and Aware Super, do we have money chasing the remaining fibre infrastructure in independent ownership?
Strikes me that a demerger of VTL into separate Fibre and Radio entities would increase the combined valuation from the present combined number. Is an industry player prepared to takeover VTL to get access to the Fibre assets?
If director’s view that the capital spend to renew existing assets is nearing an end is accurate, VTL is going to substantially increase free cash flow.