So you call me a pumper and dumper lol. The company is facing significant competition and will impact revenues of the company especially the fact that your PE ratio is above 40 for a growth stock facing now challenges. A2 milk faced challenges, Bellamy’s milk faced challenges both from China and PE ratios of 40 and severely got impacted in the period ahead. Face the fact that revenue and profit will be impacted and over valued significantly.
Fact is your looking at a big impact on growth and market will reflect this still got another 20-30 percent fall in the share price very quickly
Ann: Becoming a substantial holder, page-55
Add IEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.64 |
Change
-0.040(0.27%) |
Mkt cap ! $4.074B | |||
| Open | High | Low | Value | Volume |
| $14.55 | $14.72 | $14.38 | $7.239M | 495.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12463 | $14.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.66 | 1388 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| IEL (ASX) Chart |