Recently we have seen 2 directors recognize value & buy in the market.
Given issue closes on 4/12/2008, I believe all of the selling that has been done to finance rights issue at $2.50 has been completed.
Expect IPL to now strength given refinancing is effectively completed.
Some institutions may sell some of their $2.50 stock for short term profits, but overall IPL should strengthen over the next few weeks.
Regards
Buffett
short term strength
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Last
$2.86 |
Change
0.000(0.00%) |
Mkt cap ! $5.554B | |||
| Open | High | Low | Value | Volume |
| $2.85 | $2.88 | $2.84 | $14.80M | 5.170M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 231759 | $2.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.87 | 47000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| IPL (ASX) Chart |