While Selig's purchases are positive, there's no way of knowing how large the $1.8m is relative to his total investable assets.
The companies fundamentals are based on clients spending marketing dollars which will clearly have deteriorated in this environment.
The growth of the last 5 years has primarily been through acquisitions.
This COULD be an interesting value play, but you have to form a view on to what extent their revenue will be diminished and for how long, will be interesting to see the next proper ann
While Selig's purchases are positive, there's no way of knowing...
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Last
$2.20 |
Change
-0.020(0.90%) |
Mkt cap ! $338.7M | |||
| Open | High | Low | Value | Volume |
| $2.22 | $2.24 | $2.19 | $350.6K | 159.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8032 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.22 | 1228 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| IGL (ASX) Chart |