re: Ann: Ceasing to be a substantial holder f... So IOOF bought 3.85m shares as part of the institutional placement at 32c and then 2 months later sells them for 40c each 2 months later the day before a major rights issue is announced. 25% gain in 2 months.
It would have been good if existing shareholders were given the opportunity to buy at the same price as the big guys !
After 2 capital raisings in the space of a couple of months the question is are there more to come ? And will the institutions continue to get preference to current shareholders ?
Add IFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.69 |
Change
0.020(0.75%) |
Mkt cap ! $1.804B | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.71 | $2.67 | $2.404M | 894.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3813 | $2.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.69 | 28142 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| IFL (ASX) Chart |