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Why Is Ainsworth Offering $1.30 for 2.9% of AGI Shares Now?
12:31pm on Thursday 4th of December, 2025 AEDT
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Why Is Ainsworth Offering $1.30 for 2.9% of AGI Shares Now?
12:31pm on Thursday 4th of December, 2025 AEDT
Key Points
Unconditional all-cash offer at $1.30 per share for 2.9% stake
Offer price represents up to 30% premium over recent AGI trading prices and Novomatic bid
Mr Ainsworth currently holds 7.27% and aims to increase stake to just under 10%
Criticism of AGI’s undervaluation, especially of property assets
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