In today’s briefing:
- Last Week In Event SPACE: National Storage, Raksul, ANE Cayman, Strategy, Broadmedia, Austal
- Australia Single Stock Options (Dec 08–12): AS51 Escapes Range as Relative Performance Vs SPX Turns
Last Week In Event SPACE: National Storage, Raksul, ANE Cayman, Strategy, Broadmedia, Austal
- Brookfield and GIC took a peek behind the curtains and firmed terms for National Storage REIT (NSR AU). Clean deal.
- Raksul Inc (4384 JP) will get done at some price, though not necessarily at ¥1,710/share. You’d want to own Raksul at ¥1,710/share.
- Further inquiries suggest CDH likely controls ~18% of ANE Cayman Inc (9956 HK). This should not be up for debate.
Australia Single Stock Options (Dec 08–12): AS51 Escapes Range as Relative Performance Vs SPX Turns
- AS51 broke out of a tight multi day range Friday with one of the strongest moves of the year.
- Relative performance versus SPX has begun to improve, hinting at a potential shift after prolonged underperformance.
- SPASX200 1-month implied vol remains pinned near historic lows which could provide an interesting setup into year end.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
