IFL insignia financial ltd

Bidding forced shorters to close their positions. The shock was...

  1. 489 Posts.
    lightbulb Created with Sketch. 73
    Bidding forced shorters to close their positions. The shock was heavily shorted at 6% last November. As shorters covered their positions they pushed the share price up.

    I hope the share price goes lower, but I suspect downside is limited from here.

    Short positions are now low as 0.5%, which perhaps suggests a deal is still on the cards.


    https://hotcopper.com.au/data/attachments/6999/6999190-96cbd60a5477c41731996debf8c71263.jpg


    https://hotcopper.com.au/data/attachments/6999/6999191-6601e53eca984bdd34a7e46536f6308f.jpg


 
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(20min delay)
Last
$3.52
Change
-0.080(2.22%)
Mkt cap ! $2.360B
Open High Low Value Volume
$3.57 $3.57 $3.48 $7.580M 2.154M

Buyers (Bids)

No. Vol. Price($)
3 15629 $3.49
 

Sellers (Offers)

Price($) Vol. No.
$3.52 39699 8
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
IFL (ASX) Chart
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