IFT - Infratil

[kiora]

NewstalkZB. Heather du P to interview IFT boss after 6pm. ie if she has time from moaning about the Gummit and health boss.

Discussing Tend, exponential growth opportunity. Tend not in IFT stable

IFT BB expanding again, the trend is our friend
https://bigcharts.marketwatch.com/ad...false&state=10

[777]

The last couple of minutes was about the offer for IFT.

https://www.newstalkzb.co.nz/on-air/...capital-raise/

[kiora]

I thought Marko answered that Q well 777. He said it is not up to IFT board to put a $ value on any offer.

[Ggcc]

I thought Marko answered that Q well 777. He said it is not up to IFT board to put a $ value on any offer.

He also said the offer was significantly undervaluing Infratil's assets....... How much higher do they see fair value, let alone a premium?? $12 per share

[Dlownz]

Did I miss something with this drop

[kiora]

Drop on lower than average volume.
Main thing is that the rise from $5 wasn't missed !

I'm expecting plenty of volatility ahead.

[Dlownz]

Drop on lower than average volume.
Main thing is that the rise from $5 wasn't missed !

I'm expecting plenty of volatility ahead.

I was wondering if there had been news of the takeover I'd missed. Couldnt find anything.

[kiora]

Nothing announced but Bull has mentioned some hedge funds needing to liquidate some positions.
I wouldn't be surprised if drop was due to this.

"Normal" volatility ?

[macduffy]

I hope it means an end to takeover talk. IFT is one of my biggest and best performing stocks over an extended period. I don't fancy having to replace it, however attractive a takeover price might be.

[kiora]

Nor me
I am not interested in buying a Lamba