Thats what im saying if its counter offer or bidding war then shouldnt $3.80 be the right price considering you think $4 is the minimum?
The market is factoring in the board thinking that IFL is worth a LOT more than what it really is and hence rejecting the Bain bid. This will send the SP down to $3.
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- Ann: IFL Receives Indicative Non-binding Proposal
IFL
insignia financial ltd
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2.13%
!
$3.45

Ann: IFL Receives Indicative Non-binding Proposal, page-43
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Last
$3.45 |
Change
-0.075(2.13%) |
Mkt cap ! $2.314B |
Open | High | Low | Value | Volume |
$3.48 | $3.50 | $3.41 | $2.443M | 710.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 15335 | $3.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.45 | 19478 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 15131 | 3.440 |
20 | 24917 | 3.430 |
12 | 17993 | 3.420 |
22 | 51314 | 3.410 |
18 | 159443 | 3.400 |
Price($) | Vol. | No. |
---|---|---|
3.450 | 19445 | 23 |
3.460 | 39378 | 15 |
3.470 | 38591 | 19 |
3.480 | 32189 | 13 |
3.490 | 23497 | 9 |
Last trade - 12.31pm 16/06/2025 (20 minute delay) ? |
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IFL (ASX) Chart |