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16:10
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Originally posted by roughie12:
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Yes IFL has no franking credits and not paying a dividend is a good thing, new shareholder in at $2.30 last month post the report. Lots to like about the cost out and restructuring going on at IFL. Lots of work to be done but the no dividends was a great call, EBITDA is strong and will pay off debt fast. The company is trying to become a growth stock and i'd rather them grow revenues, cut costs and use some capital losses and a buyback before resuming dividends TBH.
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i sold the lot today ....if they go down i will get back in ...if not i will move on ....
(20min delay)