Re the share price, after a big run, we frequently see an oversold correction. Chartists would likely see today (likely spotted yesterday) that we are at a retracement pivot point where a bounce is imminent. The action today indicates that the selling is close to exhaustion and the SP is ready to reverse. There is vey little selling coming out - and the sell screen is very thin; 160,000 shares below 24. Highly likely now that the wave reverses and trend resumes. I think this is a rare buy opportunity at these prices being mindful of the last two Ann re 675A and US listing.
BTW, Morningstar reported IHL as undervalued out of interest.
IHL Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
