We shouldn’t underestimate big funds dumping stock and buying at the same time , with them sensing an opportunity to create some unease about the acquisition and creating much of the the uncertainty themselves , only to be buying back , or more likely constantly in and out . In reality Mlc is a very good fit for Ifl , with the a sensible spread method being used to pay for the acquisition ,seems good to me with addition to eps by full year 21 .
At another market time this may of seen a surge in the share price . I expect it to be back around 4$ in the next few weeks when reality takes hold of the much greater company Ifl is now becoming . IMHO .
Ann: IOOF Retail Entitlement Offer opens, page-38
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Last
$2.78 |
Change
0.010(0.36%) |
Mkt cap ! $1.864B | |||
| Open | High | Low | Value | Volume |
| $2.81 | $2.86 | $2.78 | $15.35M | 5.497M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18723 | $2.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 28520 | 5 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| IFL (ASX) Chart |