IFM 1.79% $1.65 infomedia ltd

hyundai license

  1. 453 Posts.
    lightbulb Created with Sketch. 2
    What the announcement doesn't tell you is that this license used to be an exclusive license in all but US and Korea, see ASX announcement when awarded in 2001. So if this has gone from exclusive to non exclusive this is not a good development. This is what happened with the Ford Europe license many years ago and the company has been in declining earnings ever since. Hyundai / Kia probably their highest earner.

    Currency moving the right way, but the Hyundai development more than offsets unfortunately.
 
watchlist Created with Sketch. Add IFM (ASX) to my watchlist
(20min delay)
Last
$1.65
Change
-0.030(1.79%)
Mkt cap ! $620.0M
Open High Low Value Volume
$1.65 $1.68 $1.64 $413.3K 249.8K

Buyers (Bids)

No. Vol. Price($)
1 1388 $1.62
 

Sellers (Offers)

Price($) Vol. No.
$1.66 2159 1
View Market Depth
Last trade - 16.10pm 01/07/2024 (20 minute delay) ?
IFM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.