From a 10,000 foot view, its a good thing.
As much as anyone hates to see a company suffer, we have a significant amount of the population unable to find or afford rentals. Our high immigration is a key driver in that (not the sole reason). IEL have been riding that gravy train for long enough, as have the universities.
The regulatory environment is (finally) changing in response to that.
Id have thought this was largely expected and somewhat priced in, but it seems it has caught some by surprise.
From a 10,000 foot view, its a good thing. As much as anyone...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$14.62 |
Change
-0.530(3.50%) |
Mkt cap ! $4.105B | |||
| Open | High | Low | Value | Volume |
| $15.04 | $15.10 | $14.62 | $4.308M | 291.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1734 | $14.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.63 | 3903 | 47 |
View Market Depth
| Last trade - 14.24pm 01/07/2024 (20 minute delay) ? |
| IEL (ASX) Chart |