A: Thanks for the question.

Although I feel Transurban is a touch expensive, given the way the institutions participated in the offer, there is a lot of support for the company.

It is a 1 for 18 offer at $9.60 per share.

If you don’t want to participate and you want to sell your entitlements, trading finishes today (Tuesday) – ASX Code TCLR.

That said, if I was a shareholder, I would take them up. The offer closes on 15 December.