IFL 1.67% $2.44 insignia financial ltd

Ann: IOOF Q2 2021 Business Update, page-25

  1. 3,759 Posts.
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    relax guys, the current mkt cap is less than the combined anz (~$825m) + mlc acqusitions alone (~$1.4bn), so pre-legacy business comes now FREE. if thats not value, I dont know what is....

    not advice, but im freeing up funds to progressively load this baby. this will be a cash cow in the future when the anz+mlc is fully integrated (18mths) with all synergies realised in this money for jam industry! Super Bubble is only going to grow, and we earn %, not fixed fees, so the cream pie is only ever going to grow LARGER OVER TIME.

    hold tight or scoop, down days are good, who wants to buy on the up?

    buy low sell high. enjoy the yoyo sharemkt ride.....
    Last edited by mickeebee: 28/01/21
 
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