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
$1.14 |
Change
0.000(0.00%) |
Mkt cap ! $154.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5396 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 9 | 1 |
View Market Depth
| Last trade - 11.14am 16/07/2025 (20 minute delay) ? |
| IFN (ASX) Chart |
Day chart unavailable