Ash, you are the Stephen Hawking of IFN !
I've been lucky enough to have made a little bit in the stock (in 59 out 64 in 200,000 shares), and I do mean lucky, very lucky. It just happened that I needed cash, hence the sale.
Clearly the long-term future of energy is bound up in renewables. That's a no-brainer. But how do we ascribe a value to IFN shares ? What P/E should apply ? How much discount or premium should we apply to current management competence ? Given the level of debt, how much should we factor interest rate rises into the equation ? Is the current SA election a factor ? Is the next Federal election a factor ?
So, Ash, over to you. If a gun were held to your head and you had to choose between selling at these levels or doubling up, which way would you go ?
Add to My Watchlist
What is My Watchlist?
