Agree this is most definately a recovery stock over the mid to long term. The current CEO Harmer has been a wealth destroyer for IAG shareholders (share price at 5 year lows), he and his team have implemented the wrong strategy, the fact that IAG has fallen from the highest captilised of the top three insurance stocks to the lowest is proof of their failure.
The stock is not moving in comparison to its competitors it has been parked until a new CEO and managment team is installed, once this happens then the recovery in price will start to occur.
IAG company future?, page-4
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Last
$7.41 |
Change
0.110(1.51%) |
Mkt cap ! $17.56B | |||
| Open | High | Low | Value | Volume |
| $7.40 | $7.49 | $7.34 | $29.29M | 3.967M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14644 | $7.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.42 | 43 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| IAG (ASX) Chart |