I still haven't seen any reason for the share price plummeting from $3.90 back to $3.40. Is it the takeover is viewed as being negative or is there something else? Prior to the take-over Goldman Sachs has a buy on IMF with a target price of about $4.40.
Interested in other people's take on the share price dropping and the likely short term price action.
Ann: Acquisition and Associated Equity Raising, page-24
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Last
$1.00 |
Change
0.020(2.04%) |
Mkt cap ! $282.5M | |||
| Open | High | Low | Value | Volume |
| 96.0¢ | $1.01 | 94.0¢ | $184.7K | 190.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 682 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 3010 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| OBL (ASX) Chart |