ION 0.00% 0.9¢ iondrive limited

where's the growth??????, page-2

  1. 314 Posts.
    A few comments:

    1: Recent price increase primarily due to Harley Davison releasing record sales for 2002/2003.
    They represent about 5% of sales for ION.Therefore the price increase in my opinion is primarily due to sentiment and (2) stock will go ex div in about 6 weeks.

    Also I have it on good authority sales to Ford-North America are down about 20% this year.However you should note that previosly ION was supplying about 70%
    of Ford, that figure is now 100%.

    Therefore I dont think you you be looking for any fantanstic results this year.However next year is looking great for ION in my opinion due to.
    1: Improving situation in the US economy
    2: ION to supply wheels for new model Falcon due out in about December.

    I hold ION.


 
watchlist Created with Sketch. Add ION (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $5.443M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 345000 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 2600000 3
View Market Depth
Last trade - 16.12pm 05/07/2024 (20 minute delay) ?
ION (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.