Cheers mate, I agree that it could be too early to buy. A fall like Friday is usually not a one day event.
On the other hand, I have no problem with a company like ING selling off its property- either before or after IPO. Management can form the view that funds can get a better long term return being invested in the core business rather than in holding the property. Current laws around tax and accounting treatments of leases makes this less of a fiddle than it was back in the day.
I am prepared to watch and wait at the moment here. That means that I will continue to read the financials and the macro. No hurry.
IMHO DYOR
Ann: ING FY2022 Full Year Results Presentation, page-25
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Last
$3.64 |
Change
0.010(0.28%) |
Mkt cap ! $1.349B | |||
| Open | High | Low | Value | Volume |
| $3.64 | $3.66 | $3.62 | $386.9K | 106.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 18787 | $3.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.64 | 1425 | 2 |
View Market Depth
| Last trade - 10.35am 06/06/2024 (20 minute delay) ? |
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Last
$3.64 |
Change
0.010 ( 0.53 %) |
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| Open | High | Low | Volume | ||
| $3.63 | $3.66 | $3.62 | 21205 | ||
| Last updated 10.56am 06/06/2024 ? | |||||
| ING (ASX) Chart |