International Public Partnerships Limited (INPP.L) 12-03-20
Will International Public Partnerships Limited (INPP.L) shares break below the 154p support zone, or will it return to highs of 171p (+10%)?
- Currently trading around the 154p support at 154.8p (at time of writing).
- The support has proven robust to date. Will the pattern repeat?
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Will the share price bounce once again to recent highs of 171p? (+10%).
- Technical traders should be mindful of news and developments. Check our website and the press for updates.
- Shares -9% from 12-month highs; +5% from 12 month lows.
Latest News
18 Dec: International Public Partnerships announced that a consortium (of which it is a member) had been chosen as preferred bidder to operate the transmission line to the 588 megawatt Beatrice offshore wind-farm.
02 Oct: Michael Gerrard, Chairman, bought 27,597 shares within the firm on the 1st October 2019 at a price of 154p. This Director currently has 136,851 shares.
06 Sep: International Public Partnerships re-confirmed its projected dividends for 2019 and 2020 of 7.18p and 7.36p per share.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires