It is difficult to think clearly under the current circumstances but I am trying to work out what IFL is worth in a scorched earth scenario.
They have $500m cash if ANZ falls over. ($1.40 per share)
They have a average free cash flow over the last 8 years of about 57c per share.
So at $4.60 take out the cash giving $3.20
Based on historical averages, cash flow yield is then over 17%
Today's announcement has bought massive uncertainty to the business which the market despises but it is a viable business with a large pile of cash to buy back shares.
Is it time to be fearful or time to be greedy??
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 (20min delay)
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Last
$3.50 |
Change
0.010(0.29%) |
Mkt cap ! $2.340B | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.52 | $3.47 | $342.2K | 97.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 4589 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 6381 | 4 |
View Market Depth
| Last trade - 10.07am 23/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |