IFL 0.48% $3.12 insignia financial ltd

May raise capital, page-15

  1. DSD
    15,757 Posts.
    Good post. My friend owns a FP business and he reckons IFL paid too much. But PE of 10 and maybe less is fine. Seems FirstState are also bidding for the business and will IFL be able to duplicate the ratio?

    Time will tell. I banked a quickish 20% in the first round and happy to make half this time around.
 
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