Remember as well ANZ wealth was bought on 25x earnings for $975m.
This is a massive multiple. It was roughly half financed by a capital raising and half financed by debt.
It only makes sense if the costs savings of $65m come true.
If the $65m of integration synergies do not come to fruition, then IOOF will have seriously over paid for the deal and in the future could be at risk of goodwill/intangible write down on its assets.
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Last
$4.09 |
Change
0.150(3.81%) |
Mkt cap ! $2.746B | |||
| Open | High | Low | Value | Volume |
| $4.07 | $4.14 | $4.02 | $5.302M | 1.297M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 19666 | $4.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.09 | 16751 | 19 |
View Market Depth
| Last trade - 12.50pm 18/07/2025 (20 minute delay) ? |
| IFL (ASX) Chart |