Agree that the market mindset remains lingering on the RC, where AMP and IFL are concerned.
Just an observation, but the difference for me between AMP and IFL is that AMP is trapped dealing with historical issues and is shedding assets in an attempt to find a solid growth business whereas IFL is on the front foot making acquisitions and shifting the business to wealth management whilst bringing scale and technology to advise.
As such the market will soon realise just what IFL has achieved and just how much value remains to be repriced.
IFL Price at posting:
$3.53 Sentiment: Buy Disclosure: Held
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