IFN went ex-entitlements at 7.00am today. Y'all now have two bits of paper.
I assume trading will resume in less than an hour. The market board looks centered around 1.00, but very thin. I would expect it to trade much lower, a little above the rights price 89c.
The rights issue is soundly based, for investment in new capacity. It should be well supported.
We shall see.
Ash
INF trading ex-entitlements
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)