lousy management. Run the numbers for amp if you want to see what really lousy management can do. They bought axa for nearly $5billion in 2011. They are now worth way under this. And then there is the $10billion plus they were worth before axa. They gave back some money to shareholders but amp managed to really destroy value. Ifl have done the same.
IFL Price at posting:
$3.44 Sentiment: Hold Disclosure: Held
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