TLT - Tilt Renewables

[Independent Observer AUNZ]

This caught me by surprise. Bullish indeed and TLT has already fared fairly well through the late March drop. Tax effective way of returning capital to shareholders so hard to fault it.

[sb9]

Bit of disparity between two bourses NZX at NZ$ 301 and ASX at A$ 298...

[GTM 3442]

Why do Infratil want the money?

[Ggcc]

Why do Infratil want the money?

Where does it say Infratil wants the money?? They may have had an influence in the decision.

[Independent Observer AUNZ]

Bit of disparity between two bourses NZX at NZ$ 301 and ASX at A$ 298...

Its exchange rate... what's your point?

[Independent Observer AUNZ]

Why do Infratil want the money?

Always looking to do another deal - there will be plenty of assets ripe for the picking in the next 6 months.

[sb9]

Its exchange rate... what's your point?

That's exactly my point, the exchange rate it does not represent equivalent price. In this case at A$ 2.98 it should've been about NZ $3.08 as of y'day.
Never mind its an observation at that point in time.

[King1212]

Looking good this babe.....heaps of unrestricted cash....many companies would like in to TLT position..

[sb9]

Looking good this babe.....heaps of unrestricted cash....many companies would like in to TLT position..

Bots are working extra hard on buy side today...

[Independent Observer AUNZ]

That's exactly my point, the exchange rate it does not represent equivalent price. In this case at A$ 2.98 it should've been about NZ $3.08 as of y'day.
Never mind its an observation at that point in time.

They're pricing in a small amount of exchange rate risk and probably using averaging 14 - 28 days. Pretty standard isn't it?