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
$7.08 |
Change
0.000(0.00%) |
Mkt cap ! $16.78B | |||
| Open | High | Low | Value | Volume |
| $7.12 | $7.15 | $7.06 | $30.12M | 4.245M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42091 | $7.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.11 | 17804 | 2 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| IAG (ASX) Chart |