IFN infragreen group limited

watching the daily chart yesterday it seems like a stalemate......

Currently unlisted. Proposed listing date: 25 JUNE 2025 11:00 AM AEST ##
  1. 3,889 Posts.
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    watching the daily chart yesterday it seems like a stalemate... sell side was still showing 17.9million shares on offer for sale - up to 18.2million today... but other than two blips at just over 92.05... the price kept reverting to 92... which I read as sellers dropping their offer price down to 92 to get the sale...

    Iberdola will see this an patiently wait and take these sales as they come... 8 million shares is not even a percent of the companies total SOI... but the fact the sales are occurring tells me they will continue the course.

    Even now there is a sale offer in for 12445 shares at 0.92...but on the positive a buy offer in for 43485 @ 0.95... but the vast majority of the shares for sale are at 0.925.... its very close to the ask IMO... would be nicer to see a bigger spread.....

    we now have 41878226 shares wanted to buy at 0.92.... the vast majority are the top two orders in the queue
 
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