Originally Posted by flyer Share price must be up on an a proposal of a consortium to buy into Sydney Airport just announced today. Interesting move by investors wanting things on cheap. Do you think this puts AIA on somebody’s buy list Or share price movement today reflecting relative value Canadians got rejected years ago at just over $3.50:
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by winner69 Interesting move by investors wanting things on cheap. Do you think this puts AIA on somebody’s buy list Or share price movement today reflecting relative value Canadians got rejected years ago at just over $3.50: Have to say that Michael Cullen made one of the best decisions ever in rejecting the takeover offer for AIA.
https://www.stuff.co.nz/business/ind...-rob-fyfe-says
I personally do not see AIA as being worth more than $6, at best, until borders are fully open again.
Originally Posted by mikelee I personally do not see AIA as being worth more than $6, at best, until borders are fully open again. I was thinking more or less the same with respect to my Sydney Airport holding.
Longterm longterm. They've got a very large sandbank /landbank to develop something that Sydney doesnt have.
Originally Posted by RTM I was thinking more or less the same with respect to my Sydney Airport holding. Yep. sold my SYD holding yesterday.
"There is something wrong with a regime that requires a pyramid of corpses every few years." George Orwell.
Originally Posted by Joshuatree Longterm longterm. They've got a very large sandbank /landbank to develop something that Sydney doesnt have. But the Oz gummint is building a second Sydney airport............................
Originally Posted by Joshuatree Longterm longterm. They've got a very large sandbank /landbank to develop something that Sydney doesn't have. And SYD doesn't even own Sydney Airport - it is on a long terms lease.
$8.45 now https://www.asx.com.au/asxpdf/202108...3rs3nkl9nm.pdf but that's still not enough apparently. maybe they will give up and have a crack at AIA instead....
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