I think we're in for a bumpy ride this week but I expect there will be some real jawboning of the AUD from the RBA when they meet on Tuesday. It seems either the AUD drops or interest rates will drop (which will make banks happy s they are unlikely to pass it on, pretending that they are trying to keep the housing market form over heating - too late) which is a win-win either way for IPH. I would expect a small bounce, or a return to the 4.70 mark.
Obviously these are just my thoughts but I'm seeing a lot of sell speculation around the AUD.
Long time coming, page-47
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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
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| IPH (ASX) Chart |
