IR1 6.56% 32.5¢ iris metals limited

IRIS General Discussion, page-6

  1. 3,303 Posts.
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    Enter trading halt at $0.63.

    Re-instatement after lengthy voluntary suspension with announcement of:
    - seemingly high quality lithium acquisition... The stuff is visible in historical open cut mine walls... Initial exploration funded and to commence immediately.
    - W.A. gold exploration drilling to resume late Q2/early Q3 ie imminently.
    - $2M placement completed at $0.40 a few weeks ago.

    That's a broad summary of what they are up to.

    My question is, what's going on with the SP approaching the IPO price??? I understand the macro forces at play and the profit taking by the early participants BUT surely the SP is well undervalued right now??

    Good luck all.
 
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Last
32.5¢
Change
0.020(6.56%)
Mkt cap ! $42.09M
Open High Low Value Volume
34.0¢ 34.0¢ 32.0¢ $43.51K 133.1K

Buyers (Bids)

No. Vol. Price($)
1 1590 31.5¢
 

Sellers (Offers)

Price($) Vol. No.
32.5¢ 323 1
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
33.5¢
  Change
0.020 ( 1.52 %)
Open High Low Volume
31.5¢ 33.5¢ 31.5¢ 24941
Last updated 15.31pm 06/05/2024 ?
IR1 (ASX) Chart
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