The sale of the boutique funds businesses creates cash for IFL.
These businesses trade on high multiples vs IFL's PE.
IFL wants to be the platform the products (funds) is not what they want to own as creates perceived conflict of interest.
IFL wants a broad range of funds on its platform. Hence it builds scale and moat by having lots of produvts and low platform fees.
The sale of the boutique funds businesses creates cash for...
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 (20min delay)
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Last
$3.48 |
Change
0.030(0.87%) |
Mkt cap ! $2.334B | |||
| Open | High | Low | Value | Volume |
| $3.48 | $3.50 | $3.46 | $4.432M | 1.274M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3472 | $3.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.48 | 19283 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |