Thanks for the sensible post. It's most likely the reason for the rise this morning. A similar rise took place when UK announced their immigration policy a couple months back.
I was originally thinking this could be some shorts closing their positions prior to results but that doesn't seem likely.
IEL Valuation, page-135
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Last
$15.22 |
Change
-0.450(2.87%) |
Mkt cap ! $4.236B | |||
| Open | High | Low | Value | Volume |
| $15.67 | $15.70 | $15.17 | $7.052M | 460.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5181 | $15.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.25 | 1731 | 3 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| IEL (ASX) Chart |