I've been watching this forum as a non-member but felt compelled to join in because I think you are all missing the China factor and focusing too much on a relatively soft local market. This is a long game. The Asian growth story (11% compared to the Australian 2-4%, on a much bigger volumes) is where this stock's potential is and IMO is why the Directors are pursuing an Asian growth strategy (which the likes of QIP and XIP are missing, hence their 'stagnation'). The local market was never the attraction of this stock for me. The fact that this stock is 25% institutionally owned and analysts have a 12 month (median) price estimate of $6+ suggest the focus is broader than the local market activity.
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Long time coming, page-21
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Last
$4.97 |
Change
-0.010(0.20%) |
Mkt cap ! $1.578B |
Open | High | Low | Value | Volume |
$4.99 | $5.04 | $4.96 | $2.362M | 473.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 12491 | $4.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.98 | 5712 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1335 | 5.980 |
6 | 25069 | 5.950 |
2 | 6370 | 5.940 |
1 | 3489 | 5.930 |
1 | 534 | 5.920 |
Price($) | Vol. | No. |
---|---|---|
5.990 | 2951 | 3 |
6.000 | 5688 | 3 |
6.010 | 8304 | 2 |
6.020 | 7870 | 3 |
6.030 | 16750 | 2 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
IPH (ASX) Chart |