In today's AFR is a piece on Origin's asset sales. Of limited interest to IFN shareholders, except this:
"An auction for the company’s Stockyard Hill windfarm development is also under way."
The sale price should give us - and the market - a reference to value IFN's extensive development pipeline. I expect Stockyard Hill to be energetically competed for. A positive and favorable revaluation of IFN should then follow.
IFN has recently decisively broken the price downtrend 15 August to 27 September. Anyone who sold into this will have given up the good gains ahead. (did you get that I am bullish?)
GLTAH
Ash
IFN Price at posting:
86.0¢ Sentiment: Buy Disclosure: Held
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