I still haven't seen any reason for the share price plummeting from $3.90 back to $3.40. Is it the takeover is viewed as being negative or is there something else? Prior to the take-over Goldman Sachs has a buy on IMF with a target price of about $4.40.
Interested in other people's take on the share price dropping and the likely short term price action.
Ann: Acquisition and Associated Equity Raising, page-24
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Last
86.0¢ |
Change
-0.010(1.15%) |
Mkt cap ! $243.0M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 87.3¢ | 84.0¢ | $107.7K | 125.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6816 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 630 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| OBL (ASX) Chart |