IFM 1.18% $1.72 infomedia ltd

Chart starting to look like it has some strength. Might get 2...

  1. 2,020 Posts.
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    Chart starting to look like it has some strength. Might get 2 solid green candles and today is likely to be the highest close since the CEO resignation announcement. If management doesn't try to wiggle out of the $117 - $123m FY22 guidance, I expect the gap at $1.62 to fill at or near the AGM announcement. Seeing that they just reiterated the FY22 guidance, I am more looking for wording around where they expect to end up on guidance. I am a new investor in IFM and it's clear to me that the market isn't believing the goal of $200m revenue in 5 years so management has lost investor confidence. What I want to see is management beat guidance which will restore investor confidence and bring up the PE ratio the shares trade at. However, there is a reason the market has takes managements aim with a grain of salt so I am expecting low to mid range of the guidance to be met.
 
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Last
$1.72
Change
0.020(1.18%)
Mkt cap ! $644.4M
Open High Low Value Volume
$1.68 $1.72 $1.68 $1.636M 974.5K

Buyers (Bids)

No. Vol. Price($)
1 2872 $1.68
 

Sellers (Offers)

Price($) Vol. No.
$1.72 5707 1
View Market Depth
Last trade - 16.10pm 02/08/2024 (20 minute delay) ?
IFM (ASX) Chart
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