IFT - Infratil

**Toddy** · 19-12-2006, 09:23 PM

Agree living2. Its a scary thought to think what the head SP could be on warrant exercise date in 2009.

Don't expect 2007 to be a consolidation year for IFT, I think that management has bigger plans.

**Caesius** · 20-12-2006, 12:29 PM

According to the price of the warrants at the moment, people expect IFT heads will grow by 14 cents in the next few years...

**living2** · 20-12-2006, 02:41 PM

one of the lowest premiums on conversion prices around and still have almost 3 years to run

**Caesius** · 20-12-2006, 04:35 PM

Make that 10 cents now. Wow, the heads are actually catching up to the warrants!?

**Toddy** · 20-12-2006, 05:29 PM

Two and a half years ago when these warrants were issued they traded at a premium of 90 cents. The premium should be between 30 and 40 cents based on the current cost of capital.

10 cents.......

**living2** · 21-12-2006, 04:53 PM

What is your guesstimate for head shares and warrants when they are due to be taken up?
My guestimate:Shares $7.50,warrants$4.00
Disclosure:Bought lots of IFTWB 2 months ago

**Romer** · 21-12-2006, 05:16 PM

Bu*ger. Why didn't you buy some for me as well?

**living2** · 21-12-2006, 08:08 PM

sorry romer,they were hard to pick up in any volume as it was as only small volumes traded BUT my point regarding the last post(i could easily be accused of ramping these)is what are they going to be worth in 2009 when the warrents are due to be paid up ie my guestimate ,head shares worth $7.50,warrants worth $4.00