Infratil portfolio 'still undervalued'

Tue, 16 Feb 2021

Chief executive Marko Bogoievski thinks the market still undervalues Infratil’s portfolio, despite getting a boost from AustralianSuper’s takeover bid.The infrastructure investment company’s share price jumped 25 percent following the $5.3 billion takeover bid and has tracked higher since, last trading at $7.46.In an investor day presentation Infratil said AustralianSuper’s takeover attempt was a “real time endorsement of the quality of our assets and their attractiveness to sophisticated investors”.“Cl...

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