Completely agree. I have held this for a few years and believe the IFL is finally on the right path.This could still take a year or two to reflect in the share price but it would have been disappointing to see it go on the first offer.
if they do come back with a second offer which is accepted then so be it but I still think $5-$6 is achievable in the medium term.
The major shareholders will be key and how much faith they have in the company turnaround.
IFL Price at posting:
$3.49 Sentiment: Hold Disclosure: Held
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