igl correlates with the rest of retail very closely, thats why its down, in case of IGL there is no reason for such dive, but market sentiment is like an avalanche dragiing everything with it..
its not panic selling though as the volumes are low... looking on the chart movement over the last few months i guess there are some impatient investors looked for a quick profit which did not materialised so they are out...
most likely the results won't be in before the end of Feb
i have no doubt the financials will be outstanding.. i watch this company for long and they never dissapoint
Ann: Trading Update for the 4 months to 31 October 2021 & Outlook, page-29
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Last
$2.00 |
Change
0.025(1.27%) |
Mkt cap ! $309.7M | |||
| Open | High | Low | Value | Volume |
| $1.99 | $2.01 | $1.94 | $718.3K | 364.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9351 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 4326 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| IGL (ASX) Chart |