So in light of todays announcement, I'm not sure the bleed will stop at $14. Not sure a revisit of the covid lows can be ruled out.
I still think this is a solid business, that is going through a tricky period. Will want to see some stabilisation both technically and politically before dipping in.
IEL Valuation, page-86
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Last
$15.52 |
Change
0.020(0.13%) |
Mkt cap ! $4.300B | |||
| Open | High | Low | Value | Volume |
| $15.40 | $15.55 | $15.31 | $9.199M | 595.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1160 | $15.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.53 | 2402 | 27 |
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| Last trade - 15.29pm 19/06/2024 (20 minute delay) ? |
| IEL (ASX) Chart |