Thanks slick. Like your TA work. My FA says this has further to run. It may pause, fluff around, retrace even, yet IMHO, IFN is being repriced.
It is now a stronger business, with Smithfield, BESS, Bodangora, Cherry Tree under construction, FCF, management's chosen debt level and significant margin enhancement with 'firming'. It can firm another 300-400Mw of NSW WFs, so look for more production contracting. Buying shovel-ready projects and on-selling with contracts is entirely possible. Both Flyers Creek and Forsayth can be built with this model.
The commencement of dividends bring in a fresh cohort of holders - many investors won't touch a company until it becomes a dividend payer.
I think IFN will astonish on the upside.
BUY
Ash
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Thanks slick. Like your TA work. My FA says this has further to...
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