IFT - Infratil

[winner69]

Let’s hope that Jason Boyes is spot on when says he is “pretty confident” there are few political risks in its move into subsea cable infrastructure and global connectivity with a Chinese partner, despite the sector’s sensitivity in the relationship between the US and China.

Wouldn’t want too much in the way of geopolitical risk would we.

[bull....]

megaport on the asx is a competitor in the space

[rollypolly]

Let’s hope that Jason Boyes is spot on when says he is “pretty confident” there are few political risks in its move into subsea cable infrastructure and global connectivity with a Chinese partner, despite the sector’s sensitivity in the relationship between the US and China.

Wouldn’t want too much in the way of geopolitical risk would we.

Nah, the Chinese will not be able to do it, or else, no one will use it. More over, there are so many submarine cables in the world. Infratil need more than what they have paid CC today, to lay a submarine cable. There is only one today that no one has invest. That is from NZ to South America.

[rollypolly]

megaport on the asx is a competitor in the space

read this
https://www.afr.com/rear-window/beva...0230309-p5cqso

[bull....]

read this
https://www.afr.com/rear-window/beva...0230309-p5cqso

yes what are you suggesting from the article that megaport is stuffed ? or that the business model they run is no good ?

[Snoopy]

Usually data centre owners, do not own infrastructure networks. I could be wrong, Infratil, as far as I know, is the first one.

Try Spark and Telstra for a couple more.

SNOOPY

[Rawz]

Good to see IFT using the old revenue multiplier when buying companies. Works a treat lol

[Toddy]

SP took a hiding today.

[kiora]

SP took a hiding today.

Yes interesting.

Institutional investor who went over weight in the placement selling down???

It really pays to look after the retail investors better???

[Curly]

Yes interesting.

Institutional investor who went over weight in the placement selling down???

It really pays to look after the retail investors better???

Agreed. Plus over committed retail investors selling new shares to right their bank account balance. Larger than average volume being sold. Should right itself within a week.