IFL 2.28% $2.69 insignia financial ltd

Agree, there has been so much movement.... it's undervalued...

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  1. ew1
    239 Posts.
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    Agree, there has been so much movement.... it's undervalued but the payoff is so long way away that it's become a basket joke.

    To realise some value in the short term - as im sure most of us had piled in at higher prices - would be to sell their fund management business with FUM of 75bn and concentrate on platforms, super and advice. Its conflicted to run a fund manager next to a super wealth business.

    I think this could be worth 400-500m, to help fund some of their transformation and product/ advice remediation costs.
 
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Last
$2.69
Change
0.060(2.28%)
Mkt cap ! $1.804B
Open High Low Value Volume
$2.60 $2.75 $2.60 $4.678M 1.734M

Buyers (Bids)

No. Vol. Price($)
2 24489 $2.69
 

Sellers (Offers)

Price($) Vol. No.
$2.71 8342 1
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Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
IFL (ASX) Chart
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