IFL 0.32% $3.14 insignia financial ltd

Ann: IOOF response to APRA notice and action, page-149

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  1. 1,416 Posts.
    lightbulb Created with Sketch. 93
    not necessarily.
    apart from this issue, the board and the ceo have managed the company well.
    that's why the market gave ioof a high traditional PE ratio.

    If you replace the board and ceo with a group that are good administrators but are business muppets, the underlying businesses could well suffer.
 
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