From the AFR
A bunch of IPH's lawyer-shareholders have sold stock in the company at $5 a share.
The vending shareholders had Macquarie and Morgans in the market on Monday, seeking bids for 30 million shares from $5 each.
It's understood the book closed at $5.
The same shareholders have put the rest of their stock - another 37 million shares representing about 20 per cent of IPH's issued equity - in voluntary escrow.
The vendor's broker told buyers that they would not seek to sell any more shares until after IPH's first-half results, scheduled for February.
Ann: Trading Halt, page-15
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Last
$5.69 |
Change
-0.170(2.90%) |
Mkt cap ! $1.568B | |||
| Open | High | Low | Value | Volume |
| $5.92 | $5.92 | $5.59 | $10.16M | 1.782M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2086 | $5.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.69 | 2500 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| IPH (ASX) Chart |