No SKT announcement yet but IFT in trading halt pending announcement! https://www.nzx.com/announcements/354419 Is this the start? Or is that standard after a capital raise announcement?
Guys ....don’t forget Infratil have another $180m cash coming from Tilt next month
Jeez. ..they got heaps to play with
Add $180M on to the $800M price that someone else suggested would be good for the takeover, and you nearly get to $1 billion. May throw in some more debt - say another $800M, and we are nearly at $2 BILLION. Truly astonishing figures.
Add $180M on to the $800M price that someone else suggested would be good for the takeover, and you nearly get to $1 billion. May throw in some more debt - say another $800M, and we are nearly at $2 BILLION. Truly astonishing figures.
And Infratil always do leverage their investments
Could even buy Air NZ at this rate
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Imagine the headlines! Might even have some left over for THL. Maybe we need to start considering what companies will actually remain on the NZX once IFT is done?
We don't know the timeline. My initial post was before the end of the year. If it doesn't happen before the end of the year then it will never happen. Best time to buy would be August after the results are announced for end of June. I stand by my offer price being between 49-54cents. It is an evolving story though, so it might change down the track. That is how things stand now.
Imagine the headlines! Might even have some left over for THL. Maybe we need to start considering what companies will actually remain on the NZX once IFT is done?
LOLLLLLL!
Yes, the way you are getting me excited...if I fiddle the numbers enough maybe I should actually be looking forward to a 3 BILLION dollar deal for Sky!!
Imagine the headlines! Might even have some left over for THL. Maybe we need to start considering what companies will actually remain on the NZX once IFT is done?
Back in the days when Brierley was buying everything up that came into consideration .....but the joke around town was that Odlins would avoid the takeover ‘because they were so useless, nobody would buy them’
Ironically the NZX is now based in the old (refurbished) Odlins building.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Back in the days when Brierley was buying everything up that came into consideration .....but the joke around town was that Odlins would avoid the takeover ‘because they were so useless, nobody would buy them’
Ironically the NZX is now based in the old (refurbished) Odlins building.
That must be a while ago Winner. I can't remember that one and I was well versed in NZX jokes/stories in my younger years. But its a pretty good one none the less.
Originally Posted by k14
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