would think the share price would move back near the recent high with the earnings upgrade, go figure
i wouldnt mind if IPL over payed for the burrup plant as it would give them an advantage over CSBP, DYNO supplies explosive accessories to RIO but RIO buy AN direct CSBP mostly shipped from Perth, we definately dont want Orica getting a foot hold up north as DYNO has control of most wa iron ore mines, I suspect IPLs unused funds has something to do with IPL being super keen to get there hands on the burrup plant aswell
7.40 is my price target for IPL in the next 12 months, dependent on the new plant startup, getting control of the burrup plant and earnings up another 25 to 45%
71c4
would think the share price would move back near the recent high...
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Last
$3.00 |
Change
0.030(1.01%) |
Mkt cap ! $5.676B | |||
| Open | High | Low | Value | Volume |
| $2.97 | $3.01 | $2.95 | $7.619M | 2.546M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 111473 | $2.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.00 | 67380 | 4 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| IPL (ASX) Chart |