This article articulates why I am very bullish on IFN and continue to be a long term holder. There are tough times ahead for coal generators, especially those that rely on black coal. Black coal is expensive these days and their daily window to take advantage of high prices is shrinking. The economics may force many coal plants out of the market quicker than previously thought.
Short term prices will drop a little but long term will remain favourable.
IFN Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held