Report

Flash note: Todd makes a compelling offer

Todd Corporation has announced its intention to make an offer for Rutila's remaining outstanding shares, proposing to pay A$0.30 in cash per share. Despite our positive view on the project, its relatively high-risk profile and the company’s unfavourable capital structure suggest that the offer may represent an attractive proposition for minority shareholders.
Underlying
Rutila Resources

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

.

Other Reports on these Companies
Other Reports from Edison Investment Research

ResearchPool Subscriptions

Get the most out of your insights

Get in touch