IGN 1.27% 8.0¢ ignite limited

why the decline, page-2

  1. 11,702 Posts.
    lightbulb Created with Sketch. 1690
    The drop from $2.16 to $2.01 was caused by one seller. They sold a load down to $2.15, then had 2,700 shares left over. Those last few shares were thrown at the market & sold at $2.02 & $2.01.

    This then make a few people panic at the end of the day.

    It's surely good buying at these prices. The company has announced a small one off profit reduction & the sp is nearly half what it was.

    (don't forget their dividends keep growing, 19c last year)

    buy & hold imo
 
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