@huninni: "Yeah nah sorry to be the bearer of bad news but this one is going to smashed tomorrow sub $4 100%"
@eric341: "gonna get smashed when it reopens"
The share base is to be expanded by 1.88 times
This compares to an increase in FUM, Revenue and Profits by around 2.5 times.
At TERP, and on the expanded equity capital base of 518m shares, the Market Cap of the company will be $2.8bn.
The pro forma, post-merger earnings will be in excess of $300m, so an implied P/E multiple of 9 times.
On that basis, why would the share trade below TERP of $4.26, let alone below $4.00?
News: IFL UPDATE 1-Australia's IOOF to buy NAB's wealth unit for $1.1 bln, eyes cost savings, page-25
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Last
$2.32 |
Change
0.050(2.20%) |
Mkt cap ! $1.552B | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.32 | $2.28 | $1.715M | 746.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 72 | 75265 | $2.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.32 | 16864 | 16 |
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| Last trade - 14.01pm 30/08/2024 (20 minute delay) ? |
| IFL (ASX) Chart |