Ann: Change in substantial holding from IFL, page-8

OK- so IOOF sells off 2 % in the company.

we have the SACC decision pending.
we only have one broker willing to forecast, who tips consensus at $1.75

the SP went up today because of "relief' buying after the announcement in regard to IOOF.

ps- the reality is that TGA is a necessary evil and the inquiries are only undertaken so the government can get political mileage.
sure, i personally think they are bloodsuckers, but somebody has to do it.

i had the same sort of negative vitriol when i managed my own rental properties in non affluent locations.

as far as TGA as an investment stacks up- it's probably a very realistic "buy".

you have 3 things in your favor- the non event- the SACC, the low PE with good growth guidance and the probable high divvy even at current payout ratio.

speak about a leopard changing spots.

give me strength-crazypunter