New holder. Too many positives upsides to keep down much longer. Has really built its war chest and with current ASX share market motoring along nicely/ especially since March lows- then many funds trading shares will have a real positive 2020/21 financial year. So go from bust of 2019/20 into real positive current year. Not sure if that’s been factored into many projections. And with IOOF using the weakness as a time to acquire and expand, in the future people will say IFL set itself up perfectly through the ‘Covid’ crash. Think the bottoms been in here- and is just about to break to the positive- so grabbing a decent position at the moment means more shares- and with returns to stronger divis in a few years time- will be another side to this share. Strong share price growth and excellent future divis will make IFL a real buy at these prices. All imo, but personally I believe it’s in excellent top up and accumulation territory!
IFL Price at posting:
$3.29 Sentiment: Buy Disclosure: Held
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