Yes, I picked up equal $ amounts of IRI, MTU, ALU and TNE in late 2008 when the market seemed to have stopped falling. MTU was the best performer for a number of years, then it was IRI and now its ALU. I still hold all except for MTU which I sold in early 2016 when it merged with VOC (I didn't like the level of debt). All have been 10 baggers with ALU now being a lot more. I nearly gave up on ALU in 2011 when it fell to around 25% of what I paid for it.
I suspect it will some time (6 months to 2 years) for IRI to recover its mojo with a new CEO but I won't be selling unless something fundamentally wrong emerges - and that seems unlikely. IMHO all three would be good in a granddaughter's growth portfolio.
Yes, I picked up equal $ amounts of IRI, MTU, ALU and TNE in...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IRI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
65.5¢ |
Change
-0.015(2.24%) |
Mkt cap ! $116.1M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 69.0¢ | 64.5¢ | $259.0K | 390.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43814 | 65.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 3969 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| IRI (ASX) Chart |