IGL 1.32% $1.87 ive group limited

Ann: Bell Potter Emerging Leaders Conference Presentation, page-2

  1. 16,453 Posts.
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    This one hasn't gone to plan and has under-performed its way to a near-meaningless position in my portfolio.

    Question is what to do now?

    Double down or free up the capital because the likely economic headwinds are going to decay earnings?

    It is priced almost like it is going to go out of business, which I don't believe it is, but my decision would be made far easier if there was a clearly articulated strategy of placing the business into run-off mode, harvesting the surplus capital and returning it to shareholders.

    .
 
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