At 44.65 % of the company they have some serious clout, and building.
With State Street and First Sentier in particular they've armed shorters to do their dirty work for them. Question is will there be more shorting to come, or will a Buyer get their ducks lined up sooner than later to launch an opportunistic bid?
Regarding @The Flying Sock's poser "a fair price", I've little idea, though I would hope shareholders would expect well in excess of $4 given the might of IFL's component parts, if only they were better equipped, (managed) to compete in the current environment.
You'd imagine an initial offer would be lower though to see who would fold.
More thoughts?
IFL Price at posting:
$2.38 Sentiment: Buy Disclosure: Held
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