I expect IFN to re-rate in the near term.The ducks are aligning.
-LGC prices going North as the supply overhang is cleared.
-Abbott going South as everyone works out he is a complete moron living in the past and more than likely to be booted out at the next election if not before.
-Retirement of partial Debt via the sale of the USA business
-The near term contracting of the OZ assets.
Funds wont be able to ignore this stock once they see certainty of cash flow and re-financing of debt. It's getting very attractive at these prices.
Knackers
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Last
$1.00 |
Change
-0.070(6.54%) |
Mkt cap ! $135.1M | |||
| Open | High | Low | Value | Volume |
| $1.08 | $1.08 | 98.0¢ | $76.00K | 73.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1282 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.00 | 9584 | 1 |
View Market Depth
| Last trade - 15.14pm 19/09/2025 (20 minute delay) ? |
| IFN (ASX) Chart |