In assessing the possible market downside during IFN's rights issue, I overlooked the non-trading Anzac Day (today).
Small holders selling to take up their rights must have already done so.
I expect solid support ahead of entitlement close 5pm Thursday, then upward and onward on re-finance and project announcements.
The ready support for the issue will give financiers confidence and ease the re-finance.
All good. IFN will re-test 1.20 quite quickly.
Ash
In assessing the possible market downside during IFN's rights...
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 (20min delay)
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Last
$1.15 |
Change
0.030(2.68%) |
Mkt cap ! $155.4M | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.21 | $1.09 | $798.1K | 690.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1530 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 56379 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| IFN (ASX) Chart |