After someone posted yesterday, that last years revenue, was in excess of $700 Million,
I decided to do my own research,
Turns out the company is so diversified in its businesses, the $30-40 million contract loss, (while its the biggest of its kind )
Is actually only gonna make a very very small dent,
So while i sold for a profit, during the panic sale off, Nice tidy profit!!!
I did just buy back in at these amazing new lows, because it turns out this stock has been HUGELY oversold, on a small bit of information!!
Back in the green before long!!!
Coles contract only worth 5% of total revenue
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Last
$1.90 |
Change
-0.005(0.26%) |
Mkt cap ! $292.5M | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.93 | $1.89 | $1.089M | 570.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4665 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 9857 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IGL (ASX) Chart |