And even if it does come in, I can't see it coming into place for years yet. Plus IPH is buying china firms, and per the WIPO stats, China in the top 5 of global patent filing countries, and growing strong each year.
And, with the US likely to increase rates later this week, that will make the AUD weaker against the USD, which should materially improve the forecast estimates for this company (given a stronger USD materially benefits this company and its forecast 2017 profits were predicated on a 76.5 cents exchange rate).
And even if it does come in, I can't see it coming into place...
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Last
$5.08 |
Change
-0.060(1.17%) |
Mkt cap ! $1.578B | |||
| Open | High | Low | Value | Volume |
| $5.17 | $5.19 | $5.08 | $2.281M | 446.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 19240 | $5.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.10 | 2799 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| IPH (ASX) Chart |
