Infigen up almost 20% yesterday thanks to big Clive Palmer
Infigen up almost 20% yesterday thanks to big Clive Palmer. This stock is geared to the eyeballs, so could easily be a zero. But there's huge optionality on the upside if the RET stays in anything like its current form - throwing off $60m a year of cashflow versus market cap of $170m. Disclosure: we own it and have been buying more.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Steve began Forager Funds in 2009, and now manages approximately $400m across two funds. The Forager Australian Shares Fund and Forager International Shares Fund are both unlisted and are available to investors with daily applications and redemptions. Steve focuses on long-term investing in undervalued and sometimes unloved companies.
1 topic
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
The 7 zombie companies lurking on the ASX 300
Livewire Markets
Education
Warren Buffett’s 25 biggest mistakes – and 4 lessons they teach
Leithner & Company Ltd