re: Ann: Managing Directors Address to Shareh... IFL does look ofl, Andrix (I've always wanted to say that). Here's the reason:
http://news.smh.com.au/breaking-news-business/stocks-to-watch-at-noon-on-wednesday-20111123-1ntf8.html
IFL - IOOF HOLDINGS LTD - down 44 cents, or 7.35 per cent, at $5.55.
Wealth manager IOOF Holdings expects first half profit to fall this financial year due to falls on global stock markets.
_________________
It will join the other wealth managers, though, in this slowdown- not that that is of any comfort. I reckon IFL will be taken out one day. The boss is acquisitive, but one of the best in the business, imo.
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re: Ann: Managing Directors Address to Shareh... IFL does look...
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