ILU 0.31% $6.45 iluka resources limited

I was just commenting on GS reasoning behind GS valuation, it's...

  1. 265 Posts.
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    I was just commenting on GS reasoning behind GS valuation, it's not mine & actually only use analyst reports for background info.
    ILU price has swung around (like most other stocks) so total val range from $9-10 not outragious IMO.
    This split isn't a MacQuarie Bank where straight up 1+1 = >2.
    Long term both may be (& I hope will be) worth a lot more in the future but they have to prove themselves.
    So I think +/-$4.80 for DRR & +/-$5 for ILU is fair ATM, and to date (3.5 hours in) it seems to be playing out that way BUT I'm not trading this just watching from sidelines as an investor not Day trade perspective.
 
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Last
$6.45
Change
0.020(0.31%)
Mkt cap ! $2.760B
Open High Low Value Volume
$6.47 $6.49 $6.38 $25.98M 3.923M

Buyers (Bids)

No. Vol. Price($)
11 67917 $6.42
 

Sellers (Offers)

Price($) Vol. No.
$6.45 31067 2
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
ILU (ASX) Chart
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