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
$3.17 |
Change
0.020(0.63%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.16 | $5.166M | 1.717M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11565 | $3.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 9275 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| IFL (ASX) Chart |
