if you want a cheap stock, go buy some junky retail stock stock in decline like TRS at an 8p/e. IRI has just emerged out of a multi-year cup with handle consolidation. have a look at ALL, APX, BWX etc all on on ~30p/e or higher but are all great businesses and they just keep going up. These businesses grow into their valuations.
Barring a gap higher, i will average up into my position tomorrow and won't be taking profit until my first target of $3.75 is hit
Ann: FY17 Profit Guidance, page-6
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IRI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
76.0¢ |
Change
-0.010(1.30%) |
Mkt cap ! $132.7M | |||
| Open | High | Low | Value | Volume |
| 77.5¢ | 79.0¢ | 76.0¢ | $132.1K | 169.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22374 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 1020 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| IRI (ASX) Chart |