No, this is more of a fundamental long term issue for IFN.
I'm referring to a sudden dumping of shares at specifically 2:01pm on 2 October. IFN went down more than 10% from the previous day's close. It was extraordinary and recovered fairly quickly. It seems like quite manipulative trading to me and I am unsure why it wasn't queried by the ASX.
Actually I know why it wasn't queried. Australia has the worst financial regulators in the OECD.
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IFN
infragreen group limited
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WTF was with the massive dump yesterday?, page-6
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Last
$1.11 |
Change
0.105(10.5%) |
Mkt cap ! $152.0M |
Open | High | Low | Value | Volume |
$1.21 | $1.22 | $1.09 | $1.647M | 1.445M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16932 | $1.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.11 | 15847 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16858 | 1.110 |
2 | 18055 | 1.105 |
4 | 36000 | 1.100 |
1 | 10000 | 1.080 |
2 | 39233 | 1.070 |
Price($) | Vol. | No. |
---|---|---|
1.120 | 4244 | 3 |
1.125 | 5555 | 2 |
1.135 | 8000 | 1 |
1.140 | 10000 | 1 |
1.145 | 8000 | 1 |
Last trade - 14.27pm 25/06/2025 (20 minute delay) ? |
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IFN (ASX) Chart |