I think it might be a re-rate. At the beginning of June this year, IFL rerated, from$3.50 - $3.70 (well under $4) to about $4.30 in the space of a week. I believe it's a $5 stock. So this increase may be a move towards that price.
Also, I heard that Citibank slapped a Buy rating on IFL a couple of days ago, with a price target of $4.95
I think it might be a re-rate. At the beginning of June this...
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Last
$3.55 |
Change
0.040(1.14%) |
Mkt cap ! $2.381B | |||
| Open | High | Low | Value | Volume |
| $3.56 | $3.59 | $3.53 | $2.661M | 748.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5791 | $3.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.57 | 2500 | 1 |
View Market Depth
| Last trade - 16.18pm 24/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |