I suspect the market was uncertain, prior to today, as to whether Mota may have resigned as things were not on track. But it seems he has left a clean slate, if the guidance and comments are to be believed.
The SP was about $2.37 at that time, the market has had a decent rally from then - about 10%, net flows in Q4 were good in platforms, guidance has been improved today, and cost outs are on track. So maybe $2.80 on that logic?
Ann: Dividend/Distribution - IFL, page-15
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Last
$2.32 |
Change
0.050(2.20%) |
Mkt cap ! $1.556B | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.34 | $2.28 | $6.372M | 2.754M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 31921 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 1030 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| IFL (ASX) Chart |