Normally when a company has what looks like a firm takeover price locked in payable in a few months there are fund managers that buy in at up to 5% below the offer price as this is a great return if the risk is considered close to zero.
‘With 13% on offer and two bidders I am at a loss to understand why fund managers are not buying in for the 13% and possibly higher gain.
Ann: IFL receives revised indicative non-binding proposals, page-33
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Last
$3.46 |
Change
-0.065(1.85%) |
Mkt cap ! $2.314B | |||
| Open | High | Low | Value | Volume |
| $3.48 | $3.50 | $3.41 | $3.900M | 1.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 28614 | $3.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.46 | 28175 | 23 |
View Market Depth
| Last trade - 14.47pm 16/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |