they announced a downgrade of about 7% for this years (next 12 months) earnings.
note: this year only. This is a once off. it has no material affect to the long term value of IPL. Personally i think knocking off 6% (as we did earlier today) is very short sighted and a serious error in judgment.
Although, who wants those traders anyway. If all they can do is look as far as one year forward, they are investing in the wrong industry.
The Agri boom will be a decade long story.
Anyone who sold this morning based on the ann, is someone Id rather not have as a co owner (share holder) of this fine company
they announced a downgrade of about 7% for this years (next 12...
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Last
$2.85 |
Change
0.010(0.35%) |
Mkt cap ! $5.535B | |||
| Open | High | Low | Value | Volume |
| $2.86 | $2.88 | $2.81 | $38.92M | 13.73M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 64697 | $2.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.86 | 465690 | 9 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IPL (ASX) Chart |