Yeah...not much has changed for mine. Basically reaffirming previous and I guess given the tough conditions that's a plus, particulalry when you put IGL up against marketing competitor EGG, over the last 3 months.
BUT....I totally dislike the lack of clarity with the way IGL report, it appears to be smoke and mirrors and there is a substantial difference between underlying NPAT and statutory NPAT. They quote underlying at between $41m & $44m - but I see it difficult to get statutory above $27m (1H was $13m).
For instance they quote the unliked Lasoo result of 'post tax loss' of $4m - does this actually mean they have deducted off the tax imputation of say around $1.5m which means the real Lasoo losses were $5.5m. No matter what they say about Lasoo, financially, it is still a dog.
No, I am going to stand my ground - until management become more transparent with what is truly happening, I'm not re-entering.
Yeah...not much has changed for mine. Basically reaffirming...
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Last
$1.98 |
Change
0.090(4.77%) |
Mkt cap ! $304.1M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.98 | $1.89 | $876.6K | 454.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39879 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 1908 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IGL (ASX) Chart |