Agree with the investment sentiments expressed above and the share price is also now reflecting this. IFN has a very strong portfolio of transactional opportunities and with the debt monkey about to be significantly lightened, REC prices on the increase and the renewable energy target sorted, the stock should now be able to perform and rebuild shareholder value over time.
No doubt this is what TCF has been expecting with their significant strategic investment in the stock. They are long term investors and now look like being rewarded.
This stock should gain momentum in the next year or two, but it will be the ability to re-start payment of dividends that will finally fire up the stock. This is still a few years away unless a corporate opportunity presents itself in the meantime.
IFN Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
