Not much life in this forum but hope someone responds. This stock was talked up by Michael Gable of Fairmont Equities last month but after an intial SP boost, it has been largely downhill for the SP. It could well drop a further 3% today.
Why the fall into the low $5' s after looking to crack $6 at one point. Is it likely to recover anytime soon, or are there factors at work, such as increased competition, share selling etc which look like holding the price down for a long time to come? I am a recent buyer in the red wishing now I had invested my money elsewhere but hoping that this is just a short term glitch in a well run and successful company. Any comments or advice are welcome.
Ann: Trading Halt, page-27
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Last
$5.06 |
Change
0.090(1.81%) |
Mkt cap ! $1.578B | |||
| Open | High | Low | Value | Volume |
| $5.02 | $5.09 | $5.01 | $3.732M | 737.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3296 | $5.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.06 | 3392 | 3 |
View Market Depth
| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| IPH (ASX) Chart |
