IPH 2.90% $5.69 iph limited

Ann: Trading Halt, page-27

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  1. 1,056 Posts.
    lightbulb Created with Sketch. 50
    Not much life in this forum but hope someone responds. This stock was talked up by Michael **le of Fairmont Equities last month but after an intial SP boost, it has been largely downhill for the SP. It could well drop a further 3% today.

    Why the fall into the low $5' s after looking to crack $6 at one point. Is it likely to recover anytime soon, or are there factors at work, such as increased competition, share selling etc which look like holding the price down for a long time to come? I am a recent buyer in the red wishing now I had invested my money elsewhere but hoping that this is just a short term glitch in a well run and successful company. Any comments or advice are welcome.
 
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(20min delay)
Last
$5.69
Change
-0.170(2.90%)
Mkt cap ! $1.568B
Open High Low Value Volume
$5.92 $5.92 $5.59 $10.16M 1.782M

Buyers (Bids)

No. Vol. Price($)
1 2086 $5.67
 

Sellers (Offers)

Price($) Vol. No.
$5.69 2500 1
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
IPH (ASX) Chart
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