IFT - Infratil

**Toddy** · 03-02-2009, 08:42 AM

Originally Posted by Rif-Raf

Wonder what exercising the put option would do to the results and balance sheet? Lots of leverage being used to get the necessary outcomes required or they will bail out..

IFT have had years to crunch the numbers. If the planning approval decision does not give them exactly what they require then I'm sure that they will walk away from the deal.

The cash can then be used to buy back the discounted heads.

**ratkin** · 24-02-2009, 12:57 PM

Taken a bit of a beating last two days , and now they are putting out lots of announcements about investor roadshows.
Are they about to ask for some money?

**Xerof** · 24-02-2009, 01:54 PM

Ratty, they do a roadshow this time each year....well...this is the second one anyway.....

Take a look at their website for details.

**QOH** · 24-02-2009, 03:01 PM

[QUOTE=ratkin;244894]Taken a bit of a beating last two days , and now they are putting out lots of announcements about investor roadshows.
Are they about to ask for some money?[/QUOT

If they can get people to pay up on the B warrants which expire around July, that should bring in a decent sum. They need to get the share price comfortably above $1.62.

**Caesius** · 04-03-2009, 03:24 PM

http://www.nzx.com/markets/NZSX/IFT/...ements/4867724

Great to see Infratil buying back shares at these low prices.

**QOH** · 14-03-2009, 12:48 AM

on how much Infratil will pay to repurchase some of their perpetual bonds. I'd love to get rid of some. Smart move by them to buy them back if they only have to pay somewhere near the recent buy prices. Not that they will get mine at that price.