Read that as well, I have a large parcel at $4.18 but I think I will just stay out of the equities after selling MP1 yesterday after reading the report on YTD inflation readings over night....nightmare...of course panic will eventually set in. I love everything about IAG, management, in the right place at the right time of history to raise earnings but I think sentiment as usual will weigh heavily until we get used to it...the funny thing is...in an interest rate environment, equities do ok as apposed to the "crash" scenario...I hate that word in equities...herd mentality and trend you can not fight against at its first incept...NPAT 286 was stars in thier eyes but 172 *?* geeze...changing mindset to stocks that will benefit in a rising rate environment is key to all...I maintain IAG is well placed by that but they have been hit with a lot of weather patterns, affordability by general population...& margins...I will wait for the dust to settle....
IAG Price at posting:
$4.55 Sentiment: Buy Disclosure: Not Held
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