Michael Pascoe writes:

When we spoke to IOOF CEO Ron Dewhurst on
Wednesday morning, he said the mystery surrounding an internal investigation
and rumours of executives being suspended could all be clearer in 24 hours.

So we left a message for Ron 24 hours
later, but didn’t hear back from him.

And so we left another message for Ron this
morning, but with the deadline upon us, we still haven’t heard back from him.
That’s more than 48 hours and counting.

The funds manager’s share price has been
bouncing around quite a lot in that time, from $8.83 down as low as $8.30.

So we’ll have to keep waiting and wondering
just what this internal investigation is about. Odd Fellows indeed.

Peter Fray

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