I sold at $4.25 on the day the Business Update was announced, not because it was bad, but because it might be "perceived" by the market as negative. It's a fool who tries to predict what the market will do, but today I jumped back in at $4.18. The outflows referred to in the Business Update is all water under the bridge, and with $510 billion of FUM, the stock is compelling value. Renato Mota has a strategy and a plan, and will deliver further gains when MLC becomes fully integrated under the IOOF banner.
Ann: IOOF Q4 FY2021 Business Update, page-18
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Last
$2.75 |
Change
0.060(2.23%) |
Mkt cap ! $1.844B | |||
| Open | High | Low | Value | Volume |
| $2.67 | $2.75 | $2.66 | $2.393M | 876.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 327 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.75 | 60260 | 14 |
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| IFL (ASX) Chart |