Thanks for posting. It is an interesting scenario. What the RC needs to be aware of is to not "throw the baby out with the bath water". Australians still want to be able to access advise at a reasonable price. If the RC makes it difficult and/or expensive for advise, the RC may win the battle but lose the war as many more Australians will not get good advise. Remember, advisory service offer advise, people need to act and be responsible.
I would personally view IFL as good value at this price as all the negatives have been priced in.
HT1
Ann: Sale of Corporate Trust business, page-8
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$3.13 |
Change
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Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $3.20 | $3.21 | $3.11 | $10.32M | 3.282M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67575 | $3.13 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 41225 | 6 |
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