Bought a starter pack today. Owns Shell assets and a % of a reit which owns the shell petrol stations. Listed in july. DYOR
Top 20 own 89%
$4.7 bill mkt cap, will be added to some indices

Trading below IPO hence quite a sell off presents an op.
An opinion,"As a result, this has left the stock trading on a P/E multiple of 13x and an EV/EBITDA multiple of just 6.2x.
6.2x.

"Those modest valuation multiples for a durable, highly-cash generative business with a strong competitive position, impossible-to-replicate infrastructure, and a long operating track record."

"This, to me, is by far the most under-valued large cap stock listed on the ASX today."

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Prospectus