Qube: the rights issue

One of our favourite growth stocks makes its biggest move so far.

Summary: While subject to a number of conditions, including shareholder approval, Qube is one step closer to a sale agreement on the Asciano acquisition, which will give the company management of the Patrick ports business. As part of the deal’s funding, an entitlement offer has been announced and we see this as a good opportunity for long term value.

Key take out: We maintain our buy recommendation and view the entitlement offer as an attractive long term opportunity.

Key beneficiaries: General investors. Category: Shares.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles