IFL 1.79% $3.30 insignia financial ltd

Ann: FUMA for the period ending 30 June 2019, page-14

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  1. 1,143 Posts.
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    Hello fellow IFL holders.

    I just bought in today, largely off the back of the FUMA ann.

    I made a few assumptions:

    1 - that the sp is primarily down from the prev. highs of nearly $12 because of the unresolved APRA legal action.

    2 - that any remediation costs resulting from the above will not be devastating to the balance sheet.

    3 - future dividends should be roughly in line with past dividends.

    I'd appreciate any input you guys that know the IFL situation better than I do might offer in regards to those assumptions..

    Cheers
    Last edited by Immigrant's Son: Forgot a word 25/07/19
 
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