I'm unsure how likely it is that Brookfield will enter the bidding war. However, I believe Bain Capital has made a clever move by driving the bidding to $4.30, same as cc partner. As others have suggested, unless a third player joins, rejecting the offer could lead to a significant drop in IOOF's share price as it creates an uncertainty again. I got a feeling rejection is quite likely to happen; if the new offer didn't happen before the rejection, we might see price fall back to $3- $3.50 again. Let's hope something positive happen in the next week or two ...
I'm unsure how likely it is that Brookfield will enter the...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$3.43 |
Change
-0.095(2.70%) |
Mkt cap ! $2.310B | |||
| Open | High | Low | Value | Volume |
| $3.48 | $3.50 | $3.41 | $1.256M | 365.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 7937 | $3.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.43 | 13187 | 16 |
View Market Depth
| Last trade - 11.33am 16/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |