Doing the calculations, based on the fact IAG has reiterated being on target for guidance of 17-20% growth and also margin minorly increased, the SP is currently quite undervalued. The addition of the wesfarmers business on this half / full year should definitely boost the SP regardless of the doomsayers.
I think the market has forgotten about the acquisition.
IAG lagging market?, page-16
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Last
$7.07 |
Change
-0.010(0.14%) |
Mkt cap ! $16.82B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.15 | $7.07 | $13.96M | 1.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 24698 | $7.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.08 | 14644 | 33 |
View Market Depth
| Last trade - 14.09pm 15/07/2024 (20 minute delay) ? |
| IAG (ASX) Chart |