IFL insignia financial ltd

Ann: IOOF Retail Entitlement Offer opens, page-80

  1. 4,247 Posts.
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    The other interesting part to all this is that unlike other SPP’s they fixed the price at $3.50 instead of the usual which is a VWAP -2%’ish over a 5 day period prior to the SPP closing which is far more fare for the retailers and/or those underwriting the retail component.

    Its all very bizarre, something has seriously gone amiss here with the way they structured the deal.
 
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$3.71
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