Hi asf
Still watching. I feel that the fx reality starting to bite. As discussed before this could change violently in the right direction but you need a currency correction. Without it, or worse still continuation of same with AUD rising, IFM going to remain under extreme pressure because this is all about earnings not hard assets. I think you must be right re one or more larger sellers, whom seem to have waited for the divi before selling ( dont understand why given not franked). Whatever it is the stock has recently found new lows of 18.5c, which values it approx $50m, only some 6.5 times the lower of their earnings guidance. Does seem low.
Good luck
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Last
$1.70 |
Change
-0.005(0.29%) |
Mkt cap ! $638.8M |
Open | High | Low | Value | Volume |
$1.70 | $1.73 | $1.70 | $36.95K | 21.70K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 298 | $1.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.70 | 1444 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 365 | 1.695 |
6 | 2762 | 1.690 |
5 | 2509 | 1.685 |
4 | 5838 | 1.680 |
3 | 1839 | 1.675 |
Price($) | Vol. | No. |
---|---|---|
1.700 | 959 | 6 |
1.705 | 1813 | 3 |
1.710 | 2620 | 6 |
1.715 | 3707 | 7 |
1.720 | 2306 | 5 |
Last trade - 13.17pm 19/08/2024 (20 minute delay) ? |
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IFM (ASX) Chart |