AEF 4.40% $4.75 australian ethical investment limited

Ann: IFL: IOOF Divests Stake in Australian Ethical Investment Ltd, page-13

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  1. 21 Posts.
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    IOOF sold less than 75% of their stake. If they were selling because they’re sure AEF is a dud of one sort or another, they wouldn’t keep 25% of their stake. Are they retaining 25% as a hedge? There are surely better ways to hedge. I don’t think this says much about the value of AEF; more about IOOF wanting cash.
 
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Last
$4.75
Change
0.200(4.40%)
Mkt cap ! $535.7M
Open High Low Value Volume
$4.55 $4.82 $4.55 $639.9K 134.8K

Buyers (Bids)

No. Vol. Price($)
1 366 $4.74
 

Sellers (Offers)

Price($) Vol. No.
$4.78 500 1
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