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I think if APA were fully valued then an offer by CKI at circa...

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  1. chinaplate
    1,824 Posts.
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    15/06/18
    09:26
    Post #: 33727486
    I think if APA were fully valued then an offer by CKI at circa 25% above market price would never have happened. Pretty hard to believe that CKI are bidding at ridiculous over valuation.
    If nothing else, maybe APA will now be valued at a sensible price. Comparison with international infrastructure is problematic IMO. Assets buried 2 metres underground in Australia has a certain attraction I think. Think low risk.
    APA Price at posting: $9.61 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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$7.23 		Change
0.000(0.00%) 		Mkt cap ! $9.776B
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Buyers (Bids)

No. Vol. Price($)
1 69 $7.50
 

Sellers (Offers)

Price($) Vol. No.
$6.66 3280 3
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