Actuallylooked at IPL and decided to not bother after management was trumpeting howwell the fertilizer business was going – thinking there would be no cap raise.Got that wrong.
My ideawas to buy into reasonable quality profit making companies at a discount. Thestrategy that worked well in the GFC hasn't worked this time because SPP issueslook like they will be pretty much all on a pro rata basis. Add to that themassive over subscriptions we are seeing, unless you have a large holding youprobably won't get much. IPL will probably be similar. Ihave now sold all of the small holdings I had since it doesn’t seem worthwhile.
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Last
$3.03 |
Change
0.000(0.00%) |
Mkt cap ! $5.798B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 31 | $3.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.73 | 150 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15620 | 3.000 |
1 | 2000 | 2.980 |
1 | 10 | 2.970 |
1 | 3000 | 2.960 |
3 | 34899 | 2.950 |
Price($) | Vol. | No. |
---|---|---|
3.040 | 20809 | 4 |
3.050 | 42761 | 11 |
3.060 | 19650 | 3 |
3.070 | 45050 | 5 |
3.080 | 80299 | 5 |
Last trade - 09.41am 02/09/2024 (20 minute delay) ? |
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IPL (ASX) Chart |
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