Austal went up on the back of Afghanistan news in the last 2 weeks. There aren't many asx listed companies that would benefit as a result of war. Austal is the only one I can think of. They had a drop in revenue by 25%, but their NPAT was actually pretty good considering.
IOOF is a completely different business who is restructuring and simplifying. Got MLC for steal with growing funds under management. Not sure what the comparison is.
I got IOOF at $3.20, so I haven't been here as long as most. IOOF is actually one of my better performing stocks being up 50% in 6 months. I think the share price will have a 6 in front of it by the end of the year (that's conservative).
IFL Price at posting:
$4.95 Sentiment: Buy Disclosure: Held
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