IRI's DH20 result, in the context of the company's history:
I have to say, this doesn't feel to me like your regular, garden variety downgrade.
Something has got quite seriously out of whack.
It will be interesting to see what the Revenue-Cost jaws do going forward; if they open more due to Costs going down that Revenues going back up, then that will not be a good thing and could indicate some structural issues at play.
A single half-year result does not define a company, but given the sheer size of this downgrade, my sense is that the market will wait quite some time to make sure that nothing is fundamentally broken before the stock gets re-afforded its very ritzy valuation multiples.
.
- Forums
- ASX - By Stock
- Ann: Market Update - Continuous Disclosure
IRI's DH20 result, in the context of the company's history:...
-
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IRI (ASX) to my watchlist
(20min delay)
|
|||||
Last
94.5¢ |
Change
0.020(2.16%) |
Mkt cap ! $165.0M |
Open | High | Low | Value | Volume |
93.0¢ | 97.0¢ | 92.0¢ | $260.2K | 275.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 5269 | 93.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
94.5¢ | 32059 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 565 | 0.945 |
1 | 677 | 0.940 |
8 | 12719 | 0.935 |
1 | 1226 | 0.930 |
3 | 3437 | 0.925 |
Price($) | Vol. | No. |
---|---|---|
0.950 | 4314 | 2 |
0.955 | 962 | 2 |
0.960 | 16865 | 3 |
0.965 | 3051 | 2 |
0.970 | 20297 | 2 |
Last trade - 14.13pm 23/07/2024 (20 minute delay) ? |
Featured News
IRI (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online