I think macro conditions coupled to the type of share punter...

I think macro conditions coupled to the type of share punter needs consideration.
Raised interest rates have certainly curtailed my share buy ups. The ready cash I earn has a higher priority now. I want and need buffer so I am not forced into a liquidity and survival situation later on.
It's not the various companies on asx fault in my view, just a sign of people being more circumspect about they buy and sell.
Then there's the trading on ihl specifically, from my untrained eye... it looks suss. Programmed even.

fundamentally still a good to great upside share. But hard to justify that as the current tape shows the exact opposite.