IFN looks to me like a clear case of accumulation by institutional interests. Once the accumulation finishes it should start to be marked up. The spring after the supply dump in the days after the ex-div date is quite good. High volume on Friday is a little misleading because of the cross trades, but there were a lot of on market trades on Friday too with a lot of supply around $0.465-$0.47 absorbed. Each time its gone above $0.485 recently its been slapped with supply so it will need to wait until that is all bought up before it can start an uptrend.
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 (20min delay)
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Last
$1.16 |
Change
-0.030(2.52%) |
Mkt cap ! $156.7M | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.19 | $1.16 | $43.98K | 37.23K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4150 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 28218 | 1 |
View Market Depth
| Last trade - 15.54pm 31/07/2025 (20 minute delay) ? |
| IFN (ASX) Chart |