Today's announcement is confirmation of a few headwinds of IEL. Guidance isn't exactly terrible - flat numbers YOY. I'm surprised this fell over 14% at one point, considering the stock is down over 30% the past 12 months. As the company suggests, the next 12 months wont be great either, so I wont be rushing in to buy. I expect this to continue to drift lower.
IEL Valuation, page-90
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Last
$14.50 |
Change
-0.310(2.09%) |
Mkt cap ! $4.035B | |||
| Open | High | Low | Value | Volume |
| $14.85 | $14.99 | $14.28 | $69.96M | 4.794M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5285 | $14.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.50 | 7606 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| IEL (ASX) Chart |