Dont know about the of market process. But I rang and asked the trust why they wont extend the listing and the reason given was that its not in the best interest of unitholders. If INE made an offer that they thought was in the best interest of unitholders they would consider doing such a thing.
If they did extend , in some way it could be considered as supporting the offer.
Donk know if I totally agree.
But i think you could safely assume that the trustees believe there is a high probabiity of at least meeting the expected NTA in return to shareholders. Of the 5.5 cents 1.5 is already cash.
AYT Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
