INA 0.84% $4.83 ingenia communities group

I know how it feels if you think you paid too much - but...

  1. 588 Posts.
    lightbulb Created with Sketch. 100
    I know how it feels if you think you paid too much - but seriously, I don't think you should blame yourself (i.e. keep smiling) and in this case neither the company.

    The whole sector is currently on the way down ... just compare INA to some of the other retirement stocks (e.g. Ryman or OCA in NZ), but it doesn't really matter. Their prices all are all quite correlated, but INA does not even stand bad between the others.

    INA is the blue line (and wins), OCA the orange one ...

    https://hotcopper.com.au/data/attachments/4134/4134041-2097d9a7b4b72ce0fcaa2694af342d24.jpg


    Are yeah, and look how I(NA (blue) outperformed the star Ryman (orange):

    https://hotcopper.com.au/data/attachments/4134/4134043-ee06cc33e71f723afdf8d903507f4afa.jpg


    I suppose the current weakness of the sector is related to rising interest rates (bringing real estate prices down) and adding a bit of fear factor for Putin's war (whether this makes sense for this particular sector or not). These things happen, and I don't think you can blame any company for this mess ...

    Anyway - I guess it depends on your investing horizon, but I am pretty sure that in a handful of years nobody remembers this blib anymore.
 
watchlist Created with Sketch. Add INA (ASX) to my watchlist
(20min delay)
Last
$4.83
Change
0.040(0.84%)
Mkt cap ! $1.956B
Open High Low Value Volume
$4.83 $4.85 $4.78 $305.9K 63.51K

Buyers (Bids)

No. Vol. Price($)
5 886 $4.83
 

Sellers (Offers)

Price($) Vol. No.
$4.84 3287 12
View Market Depth
Last trade - 12.20pm 15/05/2024 (20 minute delay) ?
Last
$4.82
  Change
0.040 ( 0.57 %)
Open High Low Volume
$4.82 $4.84 $4.79 25431
Last updated 12.37pm 15/05/2024 ?
INA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.