$4.60 was not the first offer. Not the first rung of the ladder. Try $4.20. $5 would be almost a 20% increase over the first bid. That is not another rung, it is a big climb. 20% is a 2 year plus return in a good market.
Markets are all about fear and greed. And I fear that those talking about $6 and even $5 are being greedy, ignoring that the share price has doubled in 5 months. The 5 month ago price was based on performance. The current price is based on possibility of a final above this number, Yet people say they more.
IFL Price at posting:
$4.47 Sentiment: Hold Disclosure: Held
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