IFL 0.63% $3.13 insignia financial ltd

News: IFL IOOF announces completion of A$461 mln placement, page-2

  1. 7,936 Posts.
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    Institutional book build cleared at less than 6% discount.
    Given the SPP will also be done at $10.60, that means TERP is $11.16, or just 1% below last closing price.

    My guess is that the TERP gets blown right out of the water in coming days.
 
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