retail barely ever features in the trading of IOOF.
I think fair value considering the headwinds is probably $8, but with some momentum and 9% shorted which has costs associated with the borrow, and they also have to pay the dividend, so imo there’s a good chance this will over shoot on the upside too, as the shorts progressively close out. They won’t want to be the last one without a seat in musical chairs...
seven dollars, page-11
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Last
$3.29 |
Change
0.150(4.78%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $3.16 | $3.30 | $3.12 | $7.377M | 2.270M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15206 | $3.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.29 | 18012 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| IFL (ASX) Chart |
