I still have a hard time getting my head around this stock. IPL earn is US dollars (Dyno) and in OZ $ fertilizers.
So if US $ goes down then IPL is down
Conversely if OZ dollar is up then IPL is up
Generally these should neutralise each other.
Finally in OZ there is a bumper sowing and harvest season so IPL up.
In USA the industry growth is muted but up so a mild up there.
So on balance I think IPL shuld go up
Then of course there is sentiment and IPL will just follwo the index up or down as well
On balance I think IPL should go up provided the overall market does not tank
Am I OK with the above high level synopsis or have I git it wrong ??
I still have a hard time getting my head around this stock. IPL...
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Last
$2.90 |
Change
0.000(0.00%) |
Mkt cap ! $5.632B | |||
| Open | High | Low | Value | Volume |
| $2.90 | $2.92 | $2.88 | $9.365M | 3.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8848 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 220350 | 11 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IPL (ASX) Chart |