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.
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Last
$2.90 |
Change
0.000(0.00%) |
Mkt cap ! $5.632B |
Open | High | Low | Value | Volume |
$2.90 | $2.92 | $2.88 | $9.365M | 3.228M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8848 | $2.89 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.90 | 220350 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3000 | 2.880 |
1 | 230 | 2.870 |
3 | 6123 | 2.840 |
2 | 5340 | 2.830 |
2 | 11300 | 2.810 |
Price($) | Vol. | No. |
---|---|---|
2.900 | 5000 | 1 |
2.920 | 19467 | 4 |
2.930 | 6900 | 1 |
2.940 | 26400 | 5 |
2.950 | 48276 | 7 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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