Yes. If I was IFL I would be checking in with bidders to advise them of the additional costs do you want to do a deal if not I am gonna allow NAB to redeem thr debt with equity.
Think about if some offered you chance to remove $200M debt on your balance sheet you would do it. At $3.55 if no take over offers were provided.
I suspect IFL has received some offers and accessed that these are superior then issuing shares at $3.55.
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- Ann: Early redemption request for subordinated loan notes
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insignia financial ltd
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Ann: Early redemption request for subordinated loan notes, page-7
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Last
$3.52 |
Change
0.000(0.00%) |
Mkt cap ! $2.360B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 465 | $3.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.24 | 13245 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 465 | 3.740 |
2 | 2569 | 3.630 |
1 | 1545 | 3.570 |
4 | 4820 | 3.520 |
3 | 2946 | 3.510 |
Price($) | Vol. | No. |
---|---|---|
3.240 | 7569 | 1 |
3.300 | 3037 | 3 |
3.340 | 486 | 1 |
3.350 | 66 | 1 |
3.360 | 17 | 3 |
Last trade - 10.01am 16/06/2025 (20 minute delay) ? |
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IFL (ASX) Chart |