re: Ann: Managing Directors Address to Shareh... it seems so, Andrix- overdone. IFL did have a pretty strong rise over the past 7 weeks, though, so the fall seems bigger now, if you know what I mean.
It's funny- I only ever ear good tings about IOOF, whereas it's hard to hear good things about PPT, for example. Roger Montgomery reckons "about $19" would be worth a purchase of PPT, but it is close to that now, so I reckon it could be bought for less- particularly in these markets.
Thanks for the FA stuff, Andrix- I like reading that stuff- it's helpful.
Here's an SMH article on IFL:
http://news.smh.com.au/breaking-news-business/ioof-expects-firsthalf-profit-drop-20111123-1ntuy.html
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