ILU 1.65% $6.57 iluka resources limited

afr smart money

  1. 4,468 Posts.
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    Following on from that great piece in The Australian (Thanks abez), the AFR listed '10 stocks that you should have bought in 2011 and that are tipped to shine in 2012'.

    (AFR Smart Money Dec 22-27)

    It quotes in part that ILU is trading on a price-earnings ratio of less than 6 relative to consensus forecasts for 2012.

    As I see it the recent selling has bottomed at near $15.20, and will return to the 182 day EMA in days.
 
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