You are aware that if you sell today you miss the dividend of 11.5 cents and don't receive same on the new shares you buy ? So at the $3.58 close people were actually selling something for $3.465 (not even allowing for 4.92 cents worth of franking credits) to buy it back at $3.50. I am not sure that sounds like a good strategy.
IFL Price at posting:
$3.58 Sentiment: None Disclosure: Held
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