Clearly someone knows something...ILU has fallen 26% since the 8th May to today...
That's 1/4 of the entire company market value...if $6.24 price level doesn't hold ILU will be back at $3.00....
It's hard enough to trade stocks technically... but when political interference effects the SP it's near impossible to trade technically.
Efficient Market hypothesis comes to mind....
The weak form of EMH is the lowest form of efficiency that defines a market as being efficient if current prices fully reflect all information available to investors...so with this in mind and the sharp decline in the SP and with no price sensitive announcements....do you think someone knows more or less information about Iluka then you and I ?
Ann: 2024 AGM - Chairman's and Managing Director's Addresses, page-13
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Last
$6.45 |
Change
0.020(0.31%) |
Mkt cap ! $2.760B | |||
| Open | High | Low | Value | Volume |
| $6.47 | $6.49 | $6.38 | $25.98M | 3.923M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 67917 | $6.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.45 | 31067 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ILU (ASX) Chart |