As far as I see it, IAG trades relative to the expectatin of rate hikes and has separated form its fundementals for now. When the RBA stops downplaying the low chances of rate hikes I expect IAG to enter a long term uptrend given its fundementals and oversold valuation.
How hard is IAG going to run?, page-62
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 (20min delay)
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Last
$6.39 |
Change
0.010(0.16%) |
Mkt cap ! $15.14B | |||
| Open | High | Low | Value | Volume |
| $6.36 | $6.40 | $6.34 | $18.95M | 2.971M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3297 | $6.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.40 | 65661 | 6 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$6.38 |
Change
0.010 ( 0.19 %) |
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| Open | High | Low | Volume | ||
| $6.37 | $6.40 | $6.34 | 687259 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| IAG (ASX) Chart |