I am astonished how quickly IEL has recovered! I initially thought that this is pure speculation going on here however I am professionally involved wit a couple of universities in Queensland and they all say that COVID-19 is a long-term game changer for them as it is expected to push a big chunk of education to the online mode. Some unis are already planning to find a better use for teaching buildings that are most likely going to stay redundant.
So perhaps this is the underlying reason for IEL moving up - they may be one of the big winners in the longer term and the market has already picked this up. In the meantime, I sold my shares with an excellent profit yesterday, will definitely buy back if drops under $20.
I am astonished how quickly IEL has recovered! I initially...
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Last
$15.15 |
Change
0.060(0.40%) |
Mkt cap ! $4.216B | |||
| Open | High | Low | Value | Volume |
| $15.12 | $15.43 | $15.10 | $23.65M | 1.554M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39 | $15.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.16 | 350 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IEL (ASX) Chart |