Quiddity Leaderboard ASX Mar26: Multiple Changes to Key Ranks as Anticipated; Many High-Impact Names
The expected changes for ASX 200 and ASX 300 have fairly high impacts expected in the upcoming rebalance. The ASX 20, 50, and 100 have large...
543 Views
BlueScope (BSL AU): SGH And SDI's Latest NBIO - What Say You AusSuper?
Revised terms are close to SDI's NBIO last year, which was rejected. BlueScope has zero net debt. The USA ops are undervalued. And structurally...
580 Views
BlueScope Steel (BSL AU): SGH and Steel Dynamics’ Best and Final Offer
The offer does not fully address the Board’s reasons for rejecting the previous offer, but it will pressure the Board to engage. AustralianSuper...
409 Views
Magnetic Resources (MAU AU): Genesis (GMD US)’s Binding Proposal
While the offer represents an all-time high, it is light compared to peer EV/Resource and EV/Reserve multiples. Due to the significant...
311 Views
Merger Arb Mondays (16 Feb) - ENN, Dongfeng, Inforich, Takara Bio, Raksul, Toyota Ind, Pepper Money
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
635 Views