You’re not the only one mate, this has turned in to one big clusterfark for all concerned unfortunately including the underwriters who are massively under right now.
I sent a lovely email today to investor relations outlining my disgust as a retail shareholder for the contempt they held for retailers by fixing the SPP at $3.50 instead of the usual VWAP over 5 days before close. Reminded them that the SP was $4.62 prior to the acquisition and they’ve managed to kill 1/3 of shareholders wealth over that time due to their arrogance! I encourage others to let them know your feedback if you genuinely care, not that can control the daily SP or even care about us but why not give them some of their own medicine back I say.
IFL Price at posting:
$3.08 Sentiment: Buy Disclosure: Held
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