Surprising volumes of shares are being traded daily here with the concomitant lack of subs holder notices that comes with heavy handed institutional trading a narrow range.
A *small* chance this might be allowed to step up by 5% or so in coming days.
For my perceived limited downside risk, I bought more at 48.5 for ST trade.
I wonder who is behind the long running and very dodgy SP action on this stock which include periods of price suppression, and apparent institutional dumping with certainty of lower buybacks.
ING itself appears to love trading this which, for me, is a red flag for investors to stay away from it's 'products' like IOF.
IOF Price at posting:
49.5¢ Sentiment: None Disclosure: Held
