re: iluka Last time there was a big economic scare the price plummeted to $3.40ish. Will be tremendous buying when US bombs Iraq and the same thing happens again.
The fast use of tax losses means the fast generation of profits. ILU will be trading on 7.5x PE, 5% (partly becoming fully franked dividend) and is a takeover target.
As I've posted earlier, ILU's head office won't be in Australia this time next year. You can quote me this time next year if I'm wrong, but I strongly doubt it.
ilu, page-4
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Last
$5.70 |
Change
0.040(0.71%) |
Mkt cap ! $2.439B | |||
| Open | High | Low | Value | Volume |
| $5.65 | $5.83 | $5.57 | $10.85M | 1.905M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4483 | $5.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.74 | 3934 | 2 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| ILU (ASX) Chart |