With all due respect, too much risk in holding IFL simply because its not trading according to fundamentals but based largely on sentiment.
Intra-day price movements evidence holders selling down the price the moment it nears its high.
When charted Industry competitors, IFL's price movement exhibits very little to no correlation, which is a concern, given that the market is recovering from recent events.
This is probably attributed to the exceptions of further scrutiny of its operations in coming times.
It is good value though, back in at 8.20 - 8.30.
With all due respect, too much risk in holding IFL simply...
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Last
$2.36 |
Change
0.070(3.06%) |
Mkt cap ! $1.582B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.38 | $2.32 | $3.518M | 1.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 77309 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 7808 | 3 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IFL (ASX) Chart |