Hi Aussie
I'm not a holder... yet but have been watching for a little while.
One thing I can say is this stock is being shorted big time and seems to be increasing shorts while it is falling.
See shorting data here: http://www.shortman.com.au/stock?q=iph
I think the fundamentals of the company seem sound but I'm no expert.
Big trading companies seem to be playing games with this company but it looks like a buy to me... I just can't
pull the trigger with all that shorting.
Global uneasiness over equities being overpriced may see further falls in IPH's price or the gloom around other law firms like SGH and Shine may rub off but then again it might cast IPH in a good light by comparison.
As usual DYOR and all just my take on what I see.
All the best
IPH - Deutsche Bank rates the stock as Buy, page-11
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Last
$6.18 |
Change
-0.050(0.80%) |
Mkt cap ! $1.645B | |||
| Open | High | Low | Value | Volume |
| $6.25 | $6.25 | $6.11 | $6.651M | 1.076M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3538 | $6.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.21 | 7553 | 3 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| IPH (ASX) Chart |