Interesting despite negative news for equities emanating from the USA, plus the prospect of no (further) RBA cash rate reductions in calendar 2024 given the inflation dragon (especially in tertiary services( isn't tamed and we have eight socialist Labor/Greens/Teal governments on the Australian mainland encouraging large wage rises to fuel inflation further, the IPG SP though having declined by 2.54 per cent to A$4.60 remains above the 'below A$4.50' SP you regard as 'good buying'.
Turnover at 80,232 shares is small so that makes it harder to be definitive, but the relative firmness of the SP thus far in a downbeat 'Mr Market' may indicate IPG is regarded as good quality.
I'm ready though by CSPA at 1610 AEST (or tomorrow) for rash words to be shot down in flames.
IPG price action, page-127
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Last
$4.81 |
Change
-0.020(0.41%) |
Mkt cap ! $500.3M | |||
| Open | High | Low | Value | Volume |
| $4.91 | $4.91 | $4.81 | $126.0K | 25.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1254 | $4.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.82 | 545 | 7 |
View Market Depth
| Last trade - 12.23pm 29/07/2024 (20 minute delay) ? |
| IPG (ASX) Chart |