We shouldn’t underestimate big funds dumping stock and buying at the same time , with them sensing an opportunity to create some unease about the acquisition and creating much of the the uncertainty themselves , only to be buying back , or more likely constantly in and out . In reality Mlc is a very good fit for Ifl , with the a sensible spread method being used to pay for the acquisition ,seems good to me with addition to eps by full year 21 . At another market time this may of seen a surge in the share price . I expect it to be back around 4$ in the next few weeks when reality takes hold of the much greater company Ifl is now becoming . IMHO .
IFL Price at posting:
$3.42 Sentiment: Buy Disclosure: Held
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