One of the more obscure stocks in the market place. I don't think there are many people in Aust who know what they are up to most of the business is done overseas. The latest Visa deal should see them get more contracts you would think but who knows. ING sold out last year and sent the price down to the mid twenties when the company was announcing record profits and more contracts. Volume has picked up of late and there appears to be a bit of interest not sure why but I would suggest there is a new contract in the wind.
IHG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held