IFL insignia financial ltd

If IFL is not being taken over why would it not pay the lower...

  1. 6,518 Posts.
    lightbulb Created with Sketch. 284
    If IFL is not being taken over why would it not pay the lower interest on early redemption by NAB and pay them out.

    https://hotcopper.com.au/data/attachments/6856/6856553-6d92a3d712a2b3d9f7517d406f6a026d.jpg

    It does have the cash to do this. Was this a 3 way negotiated outcome between NAB/IFL and bidder.

    NAB takes option early.
    IFL and bidder pays higher interest to lock in a price acceptable to all parties.

    Its a win-win outcome.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$3.52
Change
-0.080(2.22%)
Mkt cap ! $2.360B
Open High Low Value Volume
$3.57 $3.57 $3.48 $7.580M 2.154M

Buyers (Bids)

No. Vol. Price($)
3 15629 $3.49
 

Sellers (Offers)

Price($) Vol. No.
$3.52 39699 8
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
IFL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.