Bought a few more IFL a moment ago. Obviously with the bad PR around the ANZ WM unit things are down even further. However, before that I purchased a tranche @ $10.20 and accordingly that investment should still earn decent returns. News like this is more of a buying opportunity than a time to cut losses in my opinion. Negative media coverage is far less important than business competition and margin contractions.
Bought a few more IFL a moment ago. Obviously with the bad PR...
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