I don't think it's a takeover target... I think it's just that INA has for so long traded at a big discount to NAV and now, with the first-mover advantage in the MHA sector, lack of competition and cheap, high-yield pickings from distressed owners, the market has finally conceded they are worth a premium to NAV instead of a discount.
I agree though, it's starting to get a little overheated...
up strong, page-4
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Last
$4.87 |
Change
0.170(3.62%) |
Mkt cap ! $1.984B | |||
| Open | High | Low | Value | Volume |
| $4.73 | $4.88 | $4.69 | $3.920M | 809.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3170 | $4.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.87 | 2256 | 2 |
View Market Depth
| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| INA (ASX) Chart |