Got a forwarded email from a mate last night talking about IPL.
In a nutshell it rated IPL as a buy, however discussed poor growth, and went on to say that it sees IPL's future not so much in the agricultural sector but in explosives, i.e mining.
Now that the resources bubble has burst, I personally don't see much potential for the IPL SP in the ST, but I do believe in its long term future and success. It gave it a target of approx $3 from memory
I hope to accumulate and top up my holding when the SP falls as I believe IMO we might see this one continue it's impression of a sine wave ;-)
I am not an expert, and not a financial advisor, this is just my opinion on what I received in an email. Good luck to all. I think this one is a keeper.
tomorrow 25 june 09 for ipl, page-28
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Last
$3.08 |
Change
0.040(1.32%) |
Mkt cap ! $5.894B | |||
| Open | High | Low | Value | Volume |
| $3.04 | $3.11 | $3.04 | $18.80M | 6.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 18603 | $3.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 19781 | 2 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| IPL (ASX) Chart |