I'm not holding this stock but for those who are should be ready for a possible 8% drawdown from market open on Wednesday because the placement being conducted today is fully underwritten and won't be done below $10.35. So this is likely to see the SP take a hit particularly as the purchase will cost $975m and a further $130m integration costs over the next 3yrs, totalling (1.1bil). This is not a small chunk for a company with a market cap of around roughly $3.4bil. I'm in no position to give investment advice, please DYOR. It's not in my portfolio and I don't think I will dip in as yet.
Chart Req, page-6
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IFL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.24 |
Change
-0.050(2.18%) |
Mkt cap ! $1.502B | |||
| Open | High | Low | Value | Volume |
| $2.28 | $2.29 | $2.23 | $2.854M | 1.270M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9209 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 9404 | 3 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| IFL (ASX) Chart |