This is starting to look like a pretty asymetric trade.
IEL has not missed a beat, despite all the headlines and expectations of a slowdown. They have increased market share, grown the top and bottom line and maintained margins.
Shorts have increase to an uncomfortable level. I'm taking a big postiion here, I think the market has this very very wrong and is about to pay for it.
IEL Valuation, page-16
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Last
$15.11 |
Change
0.075(0.50%) |
Mkt cap ! $4.205B | |||
| Open | High | Low | Value | Volume |
| $15.10 | $15.22 | $15.02 | $1.934M | 128.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 964 | $15.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.11 | 159 | 7 |
View Market Depth
| Last trade - 12.03pm 10/10/2024 (20 minute delay) ? |
| IEL (ASX) Chart |