As we approach the EOFY 16, I have to giggle about at my 70c plus prediction 6mnths ago..
I am still very bullish at IFN's share price through the next financial year with LGC prices continuing upwards( albeit at a slower rate as to what we have seen this year) IFN's end of year finacials will provide another boost to the SP with high output of wind generation this last 1/2 of year and will see us take advantage of the strong LGC price. Love this company, no speeding tickets, no trading halts, just good progress in the right direction and the fundementals are only getting stronger. With a government commited to its target regarding renewables I call $1.80 by end of EOFY17....Lets hope I'm wrong again =)
Anybody else care to share a cheeky prediction?
A Labour government wouldn't hurt IFN either...#votelibslast
IFN Price at posting:
$1.13 Sentiment: Hold Disclosure: Held
