IRE does well when sharemarket does well which translate to more buyers for their licenses. So what does that mean if there is a slowdown? Are investment houses going to put more staff on and therefore need more licenses? Aren't people getting retrenched or companies restructuring or battening down the hatch, with some tossing out their CDO or HEdge fund departments? Some massive losses being reported here.
As a software company, they haven't had any new product releases so far. No new major acquisitions that could add more value via synergies.
SP is coming to terms with this at the moment. I think some of you may have jumped the gun.
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Last
$8.37 |
Change
0.240(2.95%) |
Mkt cap ! $1.563B | |||
| Open | High | Low | Value | Volume |
| $8.25 | $8.42 | $8.12 | $3.362M | 404.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1226 | $8.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.38 | 628 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IRE (ASX) Chart |