IIF 0.00% 53.5¢ ing industrial fund

The close was at 12. Maybe some substantial share holder jumping...

  1. 377 Posts.
    The close was at 12. Maybe some substantial share holder jumping in or short covering? Why else would someone suddenly decide that they wanted millions of shares? Any ideas? Would like to understand this type of buying (which I have seen before occasionally). Not a holder though and if I was I would have been inclined to sell.
 
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Currently unlisted public company.

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