Yep, and market this morning has given it a huge tick.Can...

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Kotaredrew

6,258 Posts.

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26/08/21

10:25

Post #: 55584328
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Originally posted by Cuppajoe2: ↑

Agent Smith says:
"Regardless of if it is a great result the market is going to hammer this because it's gone up so quickly. Going to end in the red today for sure."

Agent I fear you may not be happy with the impact of these results over time. This looks to me like an integration story that is beginning to work. They have a clear plan, increasing FUM, synergies working out and ramping, and structural advantages now.

This may well be the beginning of a re-rate as people consider the steadily reducing risk with this company!

As a long I am quite pleased with this announcement and happy to have taken a considerable position over the last year.
I look forward to more announcements like this one.

Cheers.

Cuppa

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Yep, and market this morning has given it a huge tick.
Can understand some saying Ifl will need a breather, but this is still very good buying and still very cheap.
Financials were very good, and with a full years profit and streamlining, next year should be very strong.
Can only go off today’s figures for a while- so expect IFL to continue its SP rise.
Definitely see $6 by Xmas.

Last edited by Kotaredrew: 26/08/21

IFL Price at posting: $5.07 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $3.45		Change 0.000(0.00%)		Mkt cap ! $2.314B

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	56558	$3.81

Sellers (Offers)

Price($)	Vol.	No.
$3.17	92840	1

View Market Depth

No.	Vol.	Price($)
1	56558	3.810
1	91952	3.790
1	112385	3.770
1	2625	3.670
3	5687	3.660

Price($)	Vol.	No.
3.170	92840	1
3.210	35667	1
3.240	198	1
3.250	35667	1
3.280	1	1

Last trade - 09.55am 19/06/2025 (20 minute delay)

IFL (ASX) Chart

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