Not much life in this forum but hope someone responds. This stock was talked up by Michael **le of Fairmont Equities last month but after an intial SP boost, it has been largely downhill for the SP. It could well drop a further 3% today.
Why the fall into the low $5' s after looking to crack $6 at one point. Is it likely to recover anytime soon, or are there factors at work, such as increased competition, share selling etc which look like holding the price down for a long time to come? I am a recent buyer in the red wishing now I had invested my money elsewhere but hoping that this is just a short term glitch in a well run and successful company. Any comments or advice are welcome.
Ann: Trading Halt, page-27
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Last
$6.18 |
Change
-0.050(0.80%) |
Mkt cap ! $1.645B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.25 | $6.11 | $6.651M | 1.076M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3538 | $6.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.21 | 7553 | 3 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| IPH (ASX) Chart |