IPL 1.03% $2.87 incitec pivot limited

keeps on dumping please!, page-16

  1. 549 Posts.
    lightbulb Created with Sketch. 9
    Trading around a PE of 12 on FY11, which is historically fair value. Forward PE of 11, which also seems fair seeings there is no dynamic short-term growth predicted.

    Depending on general market gyrations, I think it is near its bottom.

    I got in at $3.80 a few weeks back for a long term play and feel confident that there is not much down-side risk left but quite a bit of upside potential.
 
watchlist Created with Sketch. Add IPL (ASX) to my watchlist
(20min delay)
Last
$2.87
Change
-0.030(1.03%)
Mkt cap ! $5.593B
Open High Low Value Volume
$2.94 $2.94 $2.84 $10.82M 3.760M

Buyers (Bids)

No. Vol. Price($)
19 25403 $2.87
 

Sellers (Offers)

Price($) Vol. No.
$2.88 114285 91
View Market Depth
Last trade - 15.36pm 11/07/2024 (20 minute delay) ?
IPL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.