I sold all IFL at $3.42 at loss last week, purchased NAB. IMHO with MLC divestment NAB is now better positioned while IFL has diluted shareholders and acquired an headache going forward for them in way of MLC.
Expect NAB may track up faster and IFL at-least in short term may track down below $2.90 level. Retail portion will be hugely under-subscribed, Underwriter may have to dump huge unexpected acquisition they end up with from this. Let us see how this unfolds in next few weeks.
Ann: IOOF Retail Entitlement Offer opens, page-127
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.77 |
Change
-0.005(0.18%) |
Mkt cap ! $1.854B | |||
| Open | High | Low | Value | Volume |
| $2.78 | $2.80 | $2.75 | $2.391M | 863.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 22103 | $2.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.77 | 21120 | 25 |
View Market Depth
| Last trade - 14.57pm 01/08/2024 (20 minute delay) ? |
| IFL (ASX) Chart |