Citi reduces tgt price from A$21 to A$18 - still more than 100% upside from current levels.
I think prices will come down if ILU wants to push more volumes. At the moment they are trying to reduce volumes and hoping to keep prices intact....however this strategy may not last for long and if prices begin to roll then they might have to sell more volumes in order to maintain a certain level of earnings.
Can we still expect a divi of at least 60c from this stock going forward?
Citi reduces tgt price from A$21 to A$18 - still more than 100%...
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Last
$5.53 |
Change
-0.030(0.54%) |
Mkt cap ! $2.370B | |||
| Open | High | Low | Value | Volume |
| $5.54 | $5.56 | $5.46 | $3.538M | 635.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 6158 | $5.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.53 | 7800 | 36 |
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| Last trade - 14.57pm 08/08/2024 (20 minute delay) ? |
| ILU (ASX) Chart |