IPL is trading at book value.Its paying a dividend yield of 12% fully franked.Its on a forward PE of 4.
Even if its profits were to halve its still hot value.
Why would you sell it here. Buy it with your ears pinned back imo.
ipl broker outperform, page-2
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Last
$3.13 |
Change
-0.040(1.26%) |
Mkt cap ! $5.963B | |||
| Open | High | Low | Value | Volume |
| $3.17 | $3.20 | $3.11 | $23.44M | 7.479M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $3.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.14 | 81034 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| IPL (ASX) Chart |