Wow... after yesterday this really hurts. IFT is such a well run business, CDC is still under-appreciated when you compare it to peers, TLT is in a hot sector along with other global ventures into renewables IFT are currently pursuing.
Unfortunately, this is the problem with really well run companies, they never get a chance to flourish... this announcement is devastating. Australian Super taking advantage of it while it's MCAP is low.
Obviously I'll vote no by taking no action, but ultimately my little parcel will only do so much.
Cheers,
Dalto24
IFT Price at posting:
$6.80 Sentiment: Buy Disclosure: Held
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