Actuallylooked at IPL and decided to not bother after management was trumpeting howwell the fertilizer business was going – thinking there would be no cap raise.Got that wrong.
My ideawas to buy into reasonable quality profit making companies at a discount. Thestrategy that worked well in the GFC hasn't worked this time because SPP issueslook like they will be pretty much all on a pro rata basis. Add to that themassive over subscriptions we are seeing, unless you have a large holding youprobably won't get much. IPL will probably be similar. Ihave now sold all of the small holdings I had since it doesn’t seem worthwhile.
- Forums
- ASX - By Stock
- IPL
- Ann: Equity Raising Investor Presentation
Ann: Equity Raising Investor Presentation, page-12
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IPL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.88 |
Change
0.000(0.00%) |
Mkt cap ! $5.593B |
Open | High | Low | Value | Volume |
$2.88 | $2.90 | $2.86 | $7.692M | 2.671M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 103718 | $2.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.89 | 89941 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 44 | 2.870 |
1 | 3000 | 2.840 |
4 | 14456 | 2.830 |
1 | 10000 | 2.820 |
1 | 9000 | 2.810 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 22 | 1 |
2.910 | 10000 | 1 |
2.920 | 27073 | 7 |
2.940 | 16500 | 2 |
2.950 | 44604 | 10 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
IPL (ASX) Chart |