IFL insignia financial ltd

From the Sept 21 announcement:Approximately 85.1 million new...

  1. 322 Posts.
    lightbulb Created with Sketch. 66
    From the Sept 21 announcement:

    Approximately 85.1 million new shares not taken up under the Retail Entitlement Offer will be allocated to sub-underwriters of the Retail Entitlement Offer
    ...
    Settlement of the New Shares issued as part of the SPP is expected to occur on Wednesday, 23September 2020, with the issue of those New Shares to occur on Thursday, 24 September 2020 and ordinary trading to commence on Friday, 25 September 2020

    I didn't see any high volumes going trough last week. The only conclusion is underwriters decided to hold until SP gets higher. Can we expect pump n dump happening soon?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$3.49
Change
0.010(0.29%)
Mkt cap ! $2.340B
Open High Low Value Volume
$3.47 $3.49 $3.44 $24.22M 6.965M

Buyers (Bids)

No. Vol. Price($)
2 89566 $3.49
 

Sellers (Offers)

Price($) Vol. No.
$3.50 40371 8
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
IFL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.