IFL 0.00% $3.12 insignia financial ltd

retail barely ever features in the trading of IOOF. I think fair...

  1. 3,322 Posts.
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    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...
 
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No. Vol. Price($)
22 8203 $3.11
 

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Price($) Vol. No.
$3.12 24968 17
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Last trade - 11.39am 28/11/2024 (20 minute delay) ?
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