I see correction started not long ago on the markets overall and everything is back to the starting point of Feb last year. and this is accelerating right now on the back of inflation rise thoughts.. I dont believe much to worst fears but changes in investing attitude are imminent and are happening
Bonds are back up to the previous rates, gold down, oil up.
Noticed all inflated stocks with no or little and unsustainable profits like apt and other kogans going back downwards... 30P/E for kgn, what a joke!!! 57 P/E & 35 P/B for tpw, are you kidding me??, where is the value??? of course those stocks are being heavily shorted right now
and yes, this is tpw who kicked us out of ASX300 at latest rebalance and i am thinking with a good level of probability we are going to kick them out this time.
Investors are now getting back to basics and back to stable value stocks like IGL, you've got to be crazy to think otherwise and be stuck to spec stocks any longer, The process of transformation is at the earlier stage at the moment though but trend is pretty clear and certain, i expect imminent rush for undervalued stocks like IGL within a few weeks. tbh i do not know any other stock that much unfairly forgotten like IGL, i personally just keep topping up whenever i have free funds...
Good luck to all holders, i think we are lucky ones to be stuck with ive group
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Last
$2.03 |
Change
-0.020(0.98%) |
Mkt cap ! $314.4M |
Open | High | Low | Value | Volume |
$2.06 | $2.09 | $2.03 | $376.1K | 183.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 26521 | $2.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.05 | 26425 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 26521 | 2.030 |
2 | 17470 | 2.020 |
4 | 12815 | 2.010 |
6 | 20000 | 2.000 |
2 | 12000 | 1.990 |
Price($) | Vol. | No. |
---|---|---|
2.050 | 26425 | 2 |
2.090 | 3514 | 1 |
2.110 | 1632 | 1 |
2.130 | 14700 | 1 |
2.150 | 8000 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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IGL (ASX) Chart |