Can you point out how the Farifax journalism to which you are indebted has affected the underlying IFL business?
I know there was a big Senate Inquiry and I know that some politician stood on his soap box and threatened fire and brimstone. But in the end I'm not aware any sanctions were brought to bear on the company.
And it certainly doesn't appear to have impacted the business franchise, with an additional $1.2bn of flows into IFL's various platforms in the three months following the AFR's Great Scaremongering and The Great Senate Inquiry of 2015.
I haven't heard much from the good Senator Dastyari on this matter for some months.
What - I wonder - has happened to all the moral indignation and the fanfare?
IFL Price at posting:
$8.34 Sentiment: Buy Disclosure: Held
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