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.
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Steve began Forager Funds in 2009, and now manages approximately $470m 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, underappreciated and sometimes unloved companies.
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