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
$3.87 |
Change
0.000(0.00%) |
Mkt cap ! $1.438B | |||
| Open | High | Low | Value | Volume |
| $3.89 | $3.92 | $3.84 | $3.474M | 895.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3064 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 12817 | 5 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$3.87 |
Change
0.000 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| $3.88 | $3.92 | $3.85 | 213717 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| ING (ASX) Chart |