if you want a cheap stock, go buy some junky retail stock stock in decline like TRS at an 8p/e. IRI has just emerged out of a multi-year cup with handle consolidation. have a look at ALL, APX, BWX etc all on on ~30p/e or higher but are all great businesses and they just keep going up. These businesses grow into their valuations.
Barring a gap higher, i will average up into my position tomorrow and won't be taking profit until my first target of $3.75 is hit
Ann: FY17 Profit Guidance, page-6
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Last
60.0¢ |
Change
0.015(2.56%) |
Mkt cap ! $104.7M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 58.5¢ | $182.5K | 303.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7209 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 6581 | 1 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| IRI (ASX) Chart |
