AMP did that because De Ferrari followed the IFL strategy of paying peanuts, getting worse than peanuts, looked over by monkeys and stuffing up AMP like IFL has been stuffed up.
Risk is regulators and Adele Ferguson of The Age/ SMH go after IFL now that AMP has turned the corner with Alexis George and a growth, investment strategy.
Without an investment strategy and a growth strategy, IFL as under funded and under resourced looks like to be running the risk of being picked up for its problems caused by the underinvestment and under funding.
IFL Price at posting:
$3.53 Sentiment: Sell Disclosure: Not Held
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