Its not. Its a ordinary stock offloaded by TPG (private equity)at the highest price they could possibly flog it off for. Just like Myer (who TPG also flogged off for $4 odd - current price around $1.25) it will keep falling.
TPG are also going to try to flog off Alinta early next year - another one I'll be avoiding like the plague.
Inghams, page-10
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Last
$2.96 |
Change
0.010(0.34%) |
Mkt cap ! $1.100B | |||
| Open | High | Low | Value | Volume |
| $2.98 | $2.98 | $2.95 | $4.605M | 1.556M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6531 | $2.96 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.97 | 115540 | 1 |
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