i'm out at $0.925 - while i held hopes of seeing this climb to $1.50 or even $2.00, it was quite disappointing to see management capitulate at $0.86 for the assets they are holding.
As i said before this still needs to clear FIRB so there is some hope that common sense may prevail however i have lost faith in management so even if the sale wasn't approved, very likely the people who supported the deal will still be in charge.
I've moved my measly holdings to AST to maintain my allocation in Utilities - not as green friendly as IFN which was a plus but still a decent organisation.
Good luck to everyone - to all the holders - make them bleed more for your shares (if that is within your investment strategy). The IFN thread is probably one of the best threads in HC.
Thanks
IFN Price at posting:
92.5¢ Sentiment: None Disclosure: Not Held
