I think the market is realising that the falls in IFN's share price following on from the announcement about the proposed NEG were unnecessary.
NEG is light on details and, for all anybody knows, it could be beneficial for renewables. It all depends on how they enforce commitments to meet the Paris agreement.
For now the only thing that is certain is that the energy sector will remain in limbo. For as long as it does energy prices will continue to rise. And that's certainly a good thing for any elecricity generator.
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12.0%
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$1.12

I think the market is realising that the falls in IFN's share...
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Last
$1.12 |
Change
0.120(12.0%) |
Mkt cap ! $151.3M |
Open | High | Low | Value | Volume |
$1.21 | $1.22 | $1.09 | $2.810M | 2.482M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11000 | $1.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.16 | 2657 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11000 | 1.100 |
1 | 10000 | 1.080 |
1 | 30000 | 1.070 |
1 | 10000 | 1.060 |
1 | 950 | 1.050 |
Price($) | Vol. | No. |
---|---|---|
1.155 | 2657 | 2 |
1.200 | 32494 | 3 |
1.210 | 11800 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 16.21pm 25/06/2025 (20 minute delay) ? |
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IFN (ASX) Chart |