Yes, I thought of that.
If APRA does block the sale then it would need to have compelling reason to do so (in which it is all a bit academic because it means the sale would not have proceeded anyway, irrespective of the circumstances.)
Of course, if the reason APRA blocks the sale is frivolous, and IFL pursues a course of action to obtain redress, then APRA risks losing on the doubled-down bet as well.
Not sure the folk at APRA will have the intestinal fortitude for that possible outcome.
.
Yes, I thought of that. If APRA does block the sale then it...
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Last
$4.50 |
Change
0.000(0.00%) |
Mkt cap ! $3.018B | |||
| Open | High | Low | Value | Volume |
| $4.50 | $4.52 | $4.49 | $20.55M | 4.568M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 152338 | $4.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.51 | 17347 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| IFL (ASX) Chart |