The battle to acquire control of Insignia Financial has seen its share price jump around 35 per cent in less than a month, with Morningstar arguing the firm has been undervalued.
Australian shares rise as tech names lift ASX. Iron ore price weighs on big miners. Bellevue Gold sinks. Insignia shares leap 12 per cent on latest bid.
Insignia is a well-known brand in the budget TV market segment with a growing portfolio of models that perform well. Although TVs are the most popular product from the Best Buy-owned TV manufacturer, ...