Hi asf
Still watching. I feel that the fx reality starting to bite. As discussed before this could change violently in the right direction but you need a currency correction. Without it, or worse still continuation of same with AUD rising, IFM going to remain under extreme pressure because this is all about earnings not hard assets. I think you must be right re one or more larger sellers, whom seem to have waited for the divi before selling ( dont understand why given not franked). Whatever it is the stock has recently found new lows of 18.5c, which values it approx $50m, only some 6.5 times the lower of their earnings guidance. Does seem low.
Good luck
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Last
$1.65 |
Change
-0.030(1.79%) |
Mkt cap ! $620.0M |
Open | High | Low | Value | Volume |
$1.65 | $1.68 | $1.64 | $413.3K | 249.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1388 | $1.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.66 | 2159 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1388 | 1.620 |
1 | 13000 | 1.600 |
1 | 645 | 1.550 |
1 | 11800 | 1.535 |
1 | 662 | 1.510 |
Price($) | Vol. | No. |
---|---|---|
1.660 | 2159 | 1 |
1.680 | 21585 | 2 |
1.690 | 1200 | 1 |
1.700 | 7148 | 3 |
1.705 | 15200 | 1 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
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