The market thrives on certainty...at present it has little where the acquisition is concerned and so is not pricing for either situation.
The risk I see in the immediate view is the FUMA numbers in the Quarterly (released 29th April). The market has been very strong (All Odds up 23% over the past 12 months) so the numbers should be good although the quartet Jan to March was only 2.4%.
The FUMA numbers will pale into insignificance once the deal is consummated and a rerating will occur as the certainty of $500 billion in FUMA sinks in. Also ~50% of the business will be wealth management which is a hugh change from the old IFL.
The market thrives on certainty...at present it has little where...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$3.48 |
Change
0.030(0.87%) |
Mkt cap ! $2.334B | |||
| Open | High | Low | Value | Volume |
| $3.48 | $3.50 | $3.46 | $4.432M | 1.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3472 | $3.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.48 | 19283 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |